Chapter 30

Dynamic Provisioning to Reduce Procyclicality in Spain

S. Fernández de Lis* and A. Garcia-Herrero

*BBVA, Madrid, Spain

BBVA, Hong Kong, Hong Kong, SAR, China


After analyzing the different reasons why the financial system and also the regulatory framework induced procyclicality, this chapter reviews the experiences of three countries that have introduced dynamic provisioning as a regulatory tool to limit procyclicality. The case of Spain – the ...

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