The Extent to which Contingent Convertible Leasing Protects Bank Deposits:A Barrier Option Approach  

作　　者：Asma Khadimallah Fathi Abid 

机构地区：[1]Faculty of Economic and Management Sciences,Probability and Statistics Laboratory,University of Sfax,Tunisia

出　　处：《China Finance and Economic Review》2025年第1期113-128,F0003,共17页中国财政与经济研究(英文)

摘　　要：This paper proposes an alternative solution to the problem related to the risk that banks incur in the protection of deposits.This solution lies in the use by banks of contingent convertible leasing contracts to face financial distress situations by solidifying their own funds and thus improving the quality of deposit protection.Convertible contingent leases are instruments that are automatically convertible into shares when the bank reaches a level of financial distress.They allow a limited bailout of the bank in times of generalized crisis when they are not able to issue sufficient levels of new equity.

关 键 词：BANKING convertible contingent leases default probability barrier option capital structure 

分 类 号：F830.5[经济管理—金融学]