Centre for Banking and Finance

NTNU Business School

Centre for Banking and Finance


Research activity

Research streams

The Centre for Banking and Finance at NTNU Business School joins the efforts of an international research team which works on a concentration of topics and activities in finance.

The aim of the centre is to strengthen the visibility of research in several streams of finance in Mid Norway. We combine expert knowledge in: banking, energy finance, corporate finance, financial regulation, climate risk. In particular, we focus on challenges faced by financial institutions in the wake of the financial regulatory frame, cope with advanced modelling techniques needed as input to the digitization of financial processes, assess the implication of carbon risk on firms profitability and address several topics in the green finance area.

Our team is organized in research laboratories in the frame of intensive workshops that bring together, on a regular base, academics and industry firms. The research output will be disseminated to Norges Bank and several other partner Financial Institutions.

 

Figure showing the research labs. Illustration.

 

Publications 2020


Research Labs

Research Labs

Text: Yield curve models misspecifications. Photo.           Text: Yield curve models as random field. Photo.

 

    

Text: Conditional Yield curve models. Photo.      Text: Credit migration - Harvesting from loyality in mortage lending. Photo.

 

 

Text says Margining: OTC new margining regulations-incentives to switch to CCP? Photo.         Text says Internal Credit Risk Models with implications on the bank`s performance. Photo.

 

Text says Crowdfunding. Photo.      Text says Regulations on digitization of lending processes. Photo.

 

Text says Bankruptcy prediction. Photo. Text says Gas market integration with implications on the firm performance. Photo.

 

Text says Block ownership. Photo.       Text says Family firms. Photo.

Text says Inclusive corporate policies and firm innovative activities. Photo.       Text says Board structure. Photo.

 

Text says Information disclosure. Photo.           Text says Earnings management and earnings announcement. Photo.

International Collaborations

Barbara Petracci, University of Bologna
Chabela de la Torre, University of Salamanca
Jing Li, University of Bradford
Julio Pindado, University of Salamanca
Mojisola Olugbode, University of Plymouth
Sebastian Utz, University of St. Gallen
Sirimon Treepongkaruna, University of Western Australia
Sjur Westgaard, NTNU
Steen Thomsen, Copenhagen Business School
Suntharee Lhaopadchan, Kasetsart University

Research goal: 

  • Pricing Green Bonds
  • Integration of Renewable Energies with implications for pricing/trading electricity
  • Green Hedge Funds
  • EU Project City Exchange

 

Text says Carbon Risk. Photo.

 

Text says Corporate social responsibilities and environmental performance. Photo.

Projects

Projects

BN Bank—NTNU Business School: Credit migration and financial regulation, 2021—2022. Participants: Endre Jo Reite (BN Bank), Steven Ongena (Professor II NTNU Business School) and Florentina Paraschiv

EU Grant COST ACTIONS 2020—2025,
Fintech and Artificial Intelligence in Finance - Towards a transparent financial industry
Florentina Paraschiv Leader WP1 for Norway: Transparency in FinTech

EU Grant Horizon 2018—2021, +CityxChange (2018), (1`000`000 NOK)
Florentina Paraschiv Project Partner

NTNU FINTECH Stud Program (2020--2023) financed by Sparebank 1 SMN (2 million NOK)

Grant funded by the Norwegian Finance Initiative (NFI) to build a PhD Summer School of Finance (2019) at NTNU Business School (50'000 USD)

FinLab (2021): Støtte fra Stiftelsen den Nordenfjeldske handelshøyskole (100`000 NOK)

Research grant Adolf Øiens donasjonsfond (March 2018), 100'000 NOK, “Energizing new computational frontiers”

Events 2021

Events 2021

Professor Steven Ongena from the University of Zuerich joined NTNU Business School as Professor II, associated with the Centre for Banking and Finance 

29 April 2021: Invited Lecture Green Finance by Professor Ruediger Kiesel from the University of Duisburg-Essen.
8th March 2021: Invited Lecture by : Stig Helberg, PhD., Managing Director (CEO) of the Norwegian Bank’s Guarantee Fund.

Participation in international conferences:

  • Ranik Raaen Wahstrøm and Florentina Paraschiv: Winter Research Conference on Machine Learning and Business. University of Miami; 2021-02-12 - 2021-02-13.
  • Paraschiv, F.; Schmid, M.; Wahlstrøm, R.R. (2020) Bankruptcy prediction of privately held SMEs using feature selection methods. The 4th Shanghai-Edinburgh Fintech Conference and the 6th Fintech International Conference ; Shanghai, China. 2020-11-07.
  • The 2nd Yushan Conference “FinTech & RegTech Fundamentals. Techs. Apps” ; 2020-12-10 - 2020-12-11.

 

Previous Events

Sponsor

Sponsor

 

 

 

 

 


May 2022: PHD WORKSHOP IN BANKING AND FINANCE 24 st May 2022 (pdf) 

May 2021: WORKSHOP IN BANKING AND FINANCE 31st May 2021 (pdf)

 


EU Grant COST ACTIONS 2020—2025

Florentina Paraschiv Leader WP1 for Norway:
Transparency in FinTech
Fintech and Artificial Intelligence in Finance - Towards a transparent financial industry

 


Participation in international conferences

Two scientists outside Norges Bank. Photo.

Florentina Paraschiv and Ranik Raaen Wahlstrøm at Norges Bank, 2019.

Research Collaborators Norges Bank

Research Collaborators Norges Bank

Profile photo of Kjetil Stiansen. Photo. Kjetil Stiansen

 Operations Norges Bank: Liquidity Mangement 

 

 

Olav Syrstad, Economist Norges Bank


Research Fellows

Research Fellows

Energy and Commodity Finance

Prof. Dr. Stein-Erik Fleten, NTNU, IØT

Prof. Dr. Karl Frauendorfer, University of St. Gallen

Prof. Dr. Sjur Westgaard, NTNU, IØT


Academic Research Fellows - International

Academic Research Fellows - International

Ignacio Mas Unrquijo, consultant Competence Center for Civil Economics, Energi & Infrastucture at Roland Berger

Marcel Kremer, PhD student Quantitative Finance, University of Duisburg-Essen

Alexandru Rif, PhD student, Finance, University of St. Gallan 

Victoria Böhnke, PhD student, Chair of Banking, University of Muenster

Daniela Escobar, Fellow in statistics, London School of Economics

Prof. Dr. Fred Espen Benth, University of Oslo


Research Fellows

Research Fellows

Martin Hellmich. Photo.  Prof. Dr. Martin Hellmich - Deloitte Frankfurt

 

 Managing Director of Deloitte Audit Analytics


 

Endre Jo Reite. Photo.Endre Jo Reite - PhD Student, NTNU, BN Bank

 Executive Director Retail Banking

 

 

 


International Collaborations

International Collaborations

Prof. Dr. Steven Ongena, University of Zuerich, Switzerland

Prof. Dr. Ruediger Kiesel, University of Duisburg-Essen, Germany

Prof. Dr. Markus Schmid, University of St. Gallen, Switzerland

Prof. Dr. Martin Hellmich -Managing of Deloitte Audit Analytics

Prof. Dr. Roland Fuess, University of St. Gallen, Switzerland

Prof. Dr. Charlie X. Cai, Liverpool University Management School

Prof. Dr. Pornsit Jiraporn, Pennsylvania State University

Prof. Dr. Julio Pindado, University of Salamanca

Prof. Dr. Steen Thomsen, Copenhagen Business School

Prof. Dr. Sirimon Treepongkaruna, University of Western Australia

Prof. Dr. Svein-Arne Persson, NHH