bond returns are high. At the bank level, bondholdings correlate negatively with subsequent lending during sovereign …

indicate that a 1 percentage point increase in a bank's equity-to-assets ratio lowers its cost of equity by about 18 basis …

supply factors, both for the whole 1993-2010 period and during periods of financial instability. Using bank-level panel data …

procyclicality of bank credit dynamics to the private sector and contain systemic risk. Reserve requirements, in particular, have … new cross-country evidence on how they influence real private bank credit growth. Our results show that these instruments …

weaknesses in bank balance sheets, consumption-led economic growth, and relatively high net interest margins. Bank-level analysis … suggests that interest margins in the Philippines rise with bank size, bank capitalization, foreign ownership, overhead costs … and tax rates. Using bank-level data for a number of Asian economies, we find that higher growth, lower inflation, higher …

We study the impact of bank credit on firm productivity. We exploit a matched firm-bankdatabase covering all the credit …

This paper reviews the empirical relationships between credit growth, economic recovery, and bank profitability in … underperformance. Bank lending has been subdued as well, but this appears to have only held back the recovery relatively moderately. A … 10 percent increase in bank credit to the private sector is associated with a rise of 0.6-1 percent in real GDP and 2 …