01745cas a2200253 a 4500 AALejournalIMF005521 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451871562 1018-5941 BD-DhAAL BD-DhAAL Poghosyan, Tigran. Distress in European Banks : An Analysis Basedon a New Dataset / Tigran Poghosyan, Martin Cihak. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (39 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The global financial crisis has highlighted the importance of early identification of weak banks: when problems are identified late, solutions are much more costly. Until recently, Europe has seen only a small number of outright bank failures, which made the estimation of early warning models for bank supervision very difficult. This paper presents a unique database of individual bank distress across the European Union from mid-1990s to 2008. Using this data set, we analyze the causes of banking distress in Europe. We identify a set of indicators and thresholds that can help to distinguish sound banks from those vulnerable to financial distress. Mode of access: Internet Cihak, Martin. IMF Working Papers; Working Paper ; No. 2009/009 Full text available on IMF http://elibrary.imf.org/view/journals/001/2009/009/001.2009.issue-009-en.xml IMF e-Library