Colombian paper analyses impact of bank size and risk on policy transmission
Working paper analyses individual Colombian banks between 2002 and 2013
Colombian banks that have taken on less credit risk are better protected against "shocks" in the country's monetary policy, according to a working paper published yesterday by the Central Bank of Colombia.
In Credit risk and the transmission of monetary policy in Colombia, Fernando Tenjo Galarza, Enrique López Enciso and Héctor Zárate Solano find these institutions can "maintain a relatively good growth in the supply of credit, to the extent that they performed well and have easy access to funds
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