Netherlands Bank paper highlights risk of excessive reliance on wholesale funding


Multinational banks may contribute to financial stability during local crisis episodes but can also increase the risk of importing instability from abroad, according to a Netherlands Bank paper published on Wednesday.

Ralph de Haas and Iman van Lelyveld, the paper's authors, use bank-level data on a large group of multinational bank subsidiaries and stand-alone domestic banks to compare the stability of their lending during the 2008–09 global financial crisis. The authors note that unlike

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: