The Impact of Basel III on the fair Pricing of Bank Guarantee Facilities

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dc.contributor ESB Business School, Reutlingen University de_DE Beyer, Hans-Martin de_DE Meyer, Tobias de_DE 2012-12-03 de_DE 2014-03-17T11:33:38Z 2012-12-03 de_DE 2014-03-17T11:33:38Z 2012 de_DE
dc.identifier.other 375981403 de_DE
dc.identifier.uri de_DE
dc.description.abstract This study analyses the impact of Basel III on the fair pricing of bank guarantee facilities.Guarantees are an important risk mitigation instrument between exporters and importers in international trade and regularly a prerequisite for cross border sales contracts to be closed. Basel III – which shall be introduced from 2013 onwards - is a new regulation stipulating higher capital requirements for banks compared to the predecessor Basel II. It will therefore have an impact on the pricing of guarantee facilities which banks provide to exporting companies, making it also a crucial regulation for the cost of exportation overall. The study compares those contents of Basel III and Basel II which are particularly relevant for guarantees in order to identify and crystallize pricing-relevant changes in the regulations and their respective impact potential. The Basel frameworks are analyzed part by part and reviewed in terms of relevance for guarantees. In case of ambiguity the analysis is verified by complementary expert interviews. References and examples are mainly focusing on the German banking system but the basic conclusions can be generalized for those countries adopting Basel III.1 As the result, a case study expresses the quantitative outcomes of different scenarios and the impact of the different price determining factors on the overall fair pricing of bank guarantee facilities. en
dc.language.iso en de_DE
dc.publisher Universität Tübingen de_DE
dc.rights ubt-podok de_DE
dc.rights.uri de_DE
dc.rights.uri en
dc.subject.classification Basler Eigenkapitalvereinbarung <2010> de_DE
dc.subject.ddc 330 de_DE
dc.subject.other Bank guarantee en
dc.title The Impact of Basel III on the fair Pricing of Bank Guarantee Facilities de_DE
dc.type WorkingPaper de_DE 2012-12-10 de_DE
utue.publikation.fachbereich Sonstige/Externe de_DE
utue.publikation.fakultaet 9 Sonstige / Externe de_DE
dcterms.DCMIType Text de_DE
utue.publikation.typ workingPaper de_DE 6542 de_DE
utue.opus.portal esb-finance de_DE
utue.opus.portalzaehlung 2012.20000 de_DE
utue.publikation.source Reutlinger Diskussionsbeiträge zu Finanz- & Rechnungswesen ; 2012,2 de_DE


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