TY - JOUR AU - Apergis, Iraklis AU - Apergis, Nicholas PY - 2022/12/07 Y2 - 2024/03/28 TI - Climate factor and banks’ resilience: Evidence from US banks JF - Economics and Business Letters JA - Econ Bus Lett VL - 11 IS - 4 SE - Articles DO - 10.17811/ebl.11.4.2022.143-149 UR - https://reunido.uniovi.es/index.php/EBL/article/view/18214 SP - 143-149 AB - <p>This study explores how the climate factor impacts the resilience of the US banking system. Using an extended sample of banks, spanning the period 2000-2020, the findings document a negative effect of this climate factor on banks’ resilience. They also highlight the role of climate risk over the post-global financial crisis period. The results could have a substantial value as climate conditions can serve as an early warning system for policymakers and regulators in detecting signs of weakness, calling for immediate actions to mitigate potential vulnerabilities of banks.</p> ER -