Bednarek, Peter; Dinger, Valeriya; Schultz, Alison; … - 2023 - March 16, 2023
to overcome information asymmetries in interbank markets. While interbank lenders generally do not adjust their lending … to information on the counterparty’s portfolio quality, banks with an exposure to similar industries and regions strongly … react to this private information. Lending between similar banks is particularly important for borrowers with an opaque loan …