Does Interbank Borrowing Reduce Bank Risk?
研究从其他银行借款的银行是否风险更低，基于中东欧银行的大样本数据，发现长期银行间借款能降低借款银行的风险。
In this paper we investigate whether banks that borrow from other banks have lower risk levels. We concentrate on a large sample of Central and Eastern European banks that allows us to explore the impact of interbank lending when exposures are long term and interbank borrowers are small banks. The results of the empirical analysis generally confirm the hypothesis that long‐term interbank exposures result in lower risk of the borrowing banks.