ECRI Research Reports

1 - 13 of 13

The European Credit Information Landscape

14 January 2011

Credit referencing occurs in many countries of the world with a primary purpose of collecting and providing information to help lenders make better decisions. However, there are many different models ranging from highly comprehensive databases of wide ranging information in the most advanced markets; to more basic registers of unpaid debts in more recently created registers.

The Future of Retail Banking in Europe: Competition and regulatory challenges

19 April 2010

Nicola Jentzsch, Christian Wey

This report brings together in a single volume the excellent contributions presented at the high-level conference on “The Future of Retail Banking in Europe: Competition and Regulatory Challenges” held at CEPS on the 10th of June 2009. The conference was jointly organized by the European Credit Research Institute (ECRI) and the Deutsche Institut für Wirtschaftsforschung (DIW Berlin) and coincided with the 10th anniversary of the founding of ECRI.

Information Sharing and Cross-Border Entry in European Banking

22 February 2010

Caterina Giannetti, Nicola Jentzsch, Giancarlo Spagnolo

Information asymmetries can severely limit the cross-border border expansion of banks, if entering banks can only obtain incomplete information about potential new clients. Such asymmetries are reduced by credit registers, which distribute financial data on bank clients.

The Single Euro Payments Area: New Alliances Required to Tip the Market

07 July 2009

Jürgen Bott

When it was originally proposed, the Single Euro Payments Area (SEPA) was hailed for its potential to contribute significantly to making Europe the most competitive and dynamic knowledge-driven economy by 2010. All national payments standards were supposed to disappear and be replaced by new SEPA standards, which would allow additional economies of scale and scope. After six years of intensive work on developing SEPA, however, and roughly 18 months before SEPA was due to have been completed (end of 2010), this ECRI Research Report finds that the SEPA process is in a crisis.

The Payment Services Directive: Pitfalls between the Acquis Communautaire and National Implementation

02 March 2009

Maria Chiara Malaguti

The Payment Services Directive (PSD) was published in late 2007, constituting the legal basis for the Single Euro Payments Area (SEPA). The industry initiative launched on 28 January 2008 aims at replacing fragmented national markets for payment services with one integrated system. Although deadlines for both the transposition of the PSD into national law and the full availability for SEPA standards are set, many questions lack clear answers and need to be addressed accordingly.

Retail Loans and Basel II: Using Portfolio Segmentation to Reduce Capital Requirements

20 August 2006

Daniel Kaltofen, Stephan Paul, Stefan Stein

The key concept underlying the Basel II framework for risk measurement and corresponding equity capital standards is that the existing regulations pertaining to credit risk will be individualised through reference to the internal ratings of banks. In accordance with the regulatory guidelines, Daniel Kaltofen, Stephan Paul and Stefan Stein develop an ‘optimised segmentation approach’ with regard to the credit default event and measure the implications for regulatory capital requirements.

Efficiency of Consumer Credit Companies in the EU: A Cross-Country Frontier Analysis

01 July 2004

Laurent Weill

The aim of this work is to provide empirical elements on the performance of consumer credit companies in the European Union by applying efficiency frontier techniques. These techniques, widely applied in banking literature, provide sophisticated measures of performance – the efficiency scores. We measure the cost and profit efficiency of consumer credit companies in seven EU countries in the period 1996–2000.