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Open access Sep 2026

Bank-lending Channel, Monetary Policy, and Bank-level Heterogeneity: Contrasting Evidence from the Euro Area and Scandinavia

This paper investigates how bank-specific attributes influence the bank-lending channel across monetary policy cycles for commercial banks from the euro area and three Scandinavian countries (Denmark, Norway, Sweden) over the period 2004–2020, covering more than 3,200 institutions. Using fixed effects panel regressions...

F. Świtała · 0 citations
Open access Aug 2026

Effect of Monetary Policy on Non-Performing Loans in Sub-Saharan Africa: A Panel Vector Autoregressive Approach

Abstract Banks play a vital role in a country’s financial system through their intermediation activities, which support economic development. However, the rise in non-performing loans (NPLs) has jeopardized the performance of banks in Sub-Saharan Africa (SSA). Moreover, the behavior of key macroeconomic factors and sho...

Michael Asiamah, Gábor Dávid Kiss · 0 citations
Open access Sep 2026

Monetary Policy and Private Sector Growth in Nigeria

This study investigates the impact of monetary policy on private sector growth in Nigeria, utilizing data from 1998 to 2025, sourced from the Central Bank of Nigeria (CBN) Statistical Bulletin. The study aims to assess the effects of money supply, monetary policy rate (MPR), and reserve ratio on private sector outpu...

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Bank of

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