intermediation. In one structure, called Bank, the intermediary is financed by issuing debt contracts to investors, and thus …

it differs from the effect of two other important types of financial investors: banks and non-bank financial firms. We … conclusions. The shareholding by PE and bank has influence on out-performance but only if either the PE investor or the bank hold … between 75 to 100 percent of firm's shares. The direction of the effect is opposite. PE has a positive, while bank has a …

competition between a bank and a microfinance institution (MFI), geographical distance and transportation costs alone are no … client play determinant roles in dividing the credit market between a bank and an MFI. …