...: government, private and interbank lending. To achieve this, the authors used data drawn from 35 licenced commercial banks in Kenya from 2004 to 2021. Findings The results, which are robust to endogeneity and other diagnostic checks, reveal shifts in lending behaviour by banks towards the government...

...Jens Hagendorff; Roman Matousek; Chris Stewart Purpose The purpose of this paper is to analyse the quantitative determinants of individual ratings of commercial banks (as conducted by Fitch Ratings). Design/methodology/approach The ordered probit model is applied as an extension...

...Nancy L. Beneda This study examines corporate equity initial public offerings (IPOs) underwritten by Section 20 subsidiaries of commercial banks relative to those underwritten by non‐Section 20 underwriters (investment houses). Consistent with a ‘net certification effect’ for banks, corporate...