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ORCID

Paweł Bojar 0000-0002-0916-2706

Małgorzata Anna Olszak 0000-0001-8920-5309

Keywords

loans growth rate; capital ratio; expected credit loss; IRFS 9

Abstract

This paper aims to determine the role of the expected credit loss approach as defi ned in IFRS 9 in the effects of capital ratio on loans growth in publicly traded banks in Poland. To resolve this problem, we apply semi-annual data of individual banks in 2012–2018. Using several estimation techniques, we fi nd that in the period of implementation of the expected credit loss approach, the links between loans growth and the capital ratio were enhanced. In particular, lending growth is more sensitive to levels of the capital ratio. These results are important with respect to the goal of bank fi nancial stability and have implications for the conduct of macroprudential policy.

First Page

60

Last Page

73

Page Count

14

Received Date

02 June 2022

Revised Date

17 August 202

Accept Date

19 August 2022

Online Available Date

30 August 2022

DOI

10.7172/2353-6845.jbfe.2022.1.4

JEL Code

E32; G2; G28; G32

Publisher

University of Warsaw

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