Specialized real estate banks face heightened liquidity risk, impacting financial stability.
The article examines how specialized real estate banks in Italy are more exposed to liquidity risk compared to other banks. By analyzing the maturity structure of assets and liabilities, the researchers found that banks specializing in real estate have a higher risk of facing liquidity issues due to mismatches in their financial positions. The study shows that the type of loans a bank focuses on can impact its liquidity risk exposure, with real estate-focused banks being more vulnerable.