bank credit. We find that banks with strong balance sheets were better able to maintain lending during the crisis. In …We examine the role of bank balance sheet strength in the transmission of financial sector shocks to the real economy …. Using data from the syndicated loan market, we exploit variation in banks’ reliance on wholesale funding and their …

portfolio rebalancing channel. NIRP affects banks with higher ex-ante net short-term interbank positions or, more broadly, more … liquid balance-sheets, not with higher retail deposits. NIRP-affected banks rebalance their portfolios from liquid assets to …

We study bank portfolio allocations during the transition of the real sector to a knowledge economy in which firms use … lower collateral values, banks reallocate their portfolios away from commercial loans toward other assets, primarily … residential real estate loans and liquid assets. This effect is more pronounced for large and less well capitalized banks and is …

In this paper we explore the properties of the global banking network using cross-border bank lending data for 184 …

We examine the composition and drivers of cross-border bank lending between 1995 and 2012, distinguishing between … cross-border loan exposures in a large bilateral dataset shows three main results. First, banks with lower levels of capital … activity, suggesting a diversification motive for syndication. Third, information asymmetries between lender and borrower …

previously unbanked borrowers to commercial banks. Using administrative micro-data covering the universe of loans to individuals … unbanked individuals. A sizable share of first-time borrowers who need a second loan switch to commercial banks, which cream … individuals already at commercial banks and only initially receive smaller loans. Our results suggest that the microfinance sector …