1. Ktisis Cyprus University of Technology
  2. Cyprus University of Technology (Research Output)
  3. Άρθρα/Articles
Please use this identifier to cite or link to this item: https://hdl.handle.net/20.500.14279/14710
DC FieldValueLanguage
dc.contributor.authorSavvides, Andreas-
dc.contributor.otherΣαββίδης, Αντρέας-
dc.date.accessioned2019-07-25T09:09:26Z-
dc.date.available2019-07-25T09:09:26Z-
dc.date.issued1987-
dc.identifier.citationJournal of International Money and Finance Volume 6, Issue 3, September 1987, Pages 355-371en_US
dc.identifier.issn02615606-
dc.identifier.urihttps://hdl.handle.net/20.500.14279/14710-
dc.description.abstractThis paper demonstrates that commercial bank indexation of the interest rate charged on loans to developing countries through the Eurocurrency market has differential effects on prime and non-prime borrowers. If loan contracts are indexed, the interest rate adjustment to non-prime borrowers, following an increase in the cost of funds to the bank, will be greater than that which a profit-maximizing bank would desire. As a result, it is proposed that the proportion of loan commitments drawn down by non-prime borrowers declines when the cost of bank funds rises. An analysis with data from developing-country borrowings confirms this proposition. © 1987.en_US
dc.language.isoenen_US
dc.relation.ispartofJournal of International Money and Financeen_US
dc.rights© 1987 Elsevieren_US
dc.titleBank loan rate indexation in the Eurocurrency marketen_US
dc.typeArticleen_US
dc.collaborationOklahoma State Universityen_US
dc.subject.categoryEconomics and Businessen_US
dc.journalsSubscription Journalen_US
dc.countryUnited Statesen_US
dc.subject.fieldSocial Sciencesen_US
dc.publicationPeer Revieweden_US
dc.identifier.doi10.1016/0261-5606(87)90007-6en_US
dc.identifier.scopus2-s2.0-45949116288-
dc.identifier.urlhttps://api.elsevier.com/content/abstract/scopus_id/45949116288-
cut.common.academicyear1995-1996en_US
item.grantfulltextnone-
item.languageiso639-1en-
item.cerifentitytypePublications-
item.openairecristypehttp://purl.org/coar/resource_type/c_6501-
item.openairetypearticle-
item.fulltextNo Fulltext-
crisitem.journal.journalissn0261-5606-
crisitem.journal.publisherElsevier-
crisitem.author.deptDepartment of Finance, Accounting and Management Science-
crisitem.author.facultyFaculty of Tourism Management, Hospitality and Entrepreneurship-
crisitem.author.orcid0000-0002-0759-1275-
crisitem.author.parentorgFaculty of Management and Economics-
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