Work detail

The performance of European banks after government bailouts.

Author: Mgr. Soňa Sivá
Year: 2022 - winter
Leaders: PhDr. Jaromír Baxa Ph.D.
Consultants:
Work type: Economic Theory
Masters
Language: English
Pages: 74
Awards and prizes:
Link: https://dspace.cuni.cz/handle/20.500.11956/171362
Abstract: This thesis examines effects of government interventions associated with the 2008 financial crisis on
bank performance in the EU with the specific focus on differencies in impacts between EU core and EU
periphery banks as well as between EU and US banks. Using hand-collected data on financial support
in the EU and US Treasury data on US TARP participants together with the balance sheet data from The
Banker Database, I construct the treatment and control group of banks. To estimate the change in four
performance indicators of intervened banks, difference-in-differences method is applied. Two main
conclusions are made. Firstly, government support led to improvement in capital adequacy in the EU
core countries' banks as well as in the US banks. Secondly, intervened banks of the EU periphery are
found to increase their lending which is, however, accompanied by higher ratio of non-performing
loans.
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