Relationship lending during a trust crisis on the interbank market: A friend in need is a friend indeed
Sign Up to like & getrecommendations! Published in 2019 at "Economics Letters"
DOI: 10.1016/j.econlet.2019.03.019
Abstract: We exploit uncertainty regarding banks' involvement in money laundering activities as a natural experiment to study the functioning of the interbank market in uncertain times. We show that bank couples with a stronger relationship (i.e.,… read more here.
Keywords: interbank; interbank market; relationship lending; crisis ... See more keywords
Relationship lending: A source of support or a means of exploitation?
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DOI: 10.1016/j.gfj.2020.100549
Abstract: Abstract Using a dataset from the State Bank of Pakistan containing each and every commercial loan generated in the economy from 2006 to 2013, we find that, on average, a longer relationship length is associated… read more here.
Keywords: source support; lending source; support means; relationship lending ... See more keywords
The real effects of relationship lending
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DOI: 10.1016/j.jfi.2021.100923
Abstract: Abstract This paper studies the real effects of relationship lending on firm activity in Italy following Lehman Brothers’ default shock and Europe's sovereign debt crisis, two different crisis situations where in the latter, bank solvency… read more here.
Keywords: firm; relationship lending; real effects; effects relationship ... See more keywords
A more German Italy? Competition and the development of relationship lending
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DOI: 10.1080/09692290.2018.1480514
Abstract: ABSTRACT Using a combination of qualitative and quantitative methods, this article shows that since the 1990s, greater competition in Italy's banking industry has pushed commercial banks to develop some of the institutions of relationship lending… read more here.
Keywords: competition development; italy competition; relationship lending; competition ... See more keywords
Relationship Lending and the Great Depression
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DOI: 10.1162/rest_a_00899
Abstract: Abstract The collapse of long-term lending relationships amplified the Great Depression. We demonstrate this by developing a new measure of lending relationships that can be calculated from widely available data at any level of aggregation.… read more here.
Keywords: lending great; relationship; relationship lending; great depression ... See more keywords