Search Results - subject_exact:"Credit"

Towards a framework for sustainable bank financing of SMEs in Kenya

Kodongo, Odongo - 2026

Data from the Central Bank of Kenya show that, in the 12 months to December 2024, the banking sector generated approximately 35.3% of its overall lendingrelated income from the MSME sector, almost half of which was from small and microenterprises (SMEs). During the same period, banks and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015632543

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Towards a framework for sustainable bank financing of SMEs in Kenya

Kodongo, Odongo - 2026

Book / Working Paper

Risk aversion and credit access : solving financial exclusion through contract innovation

Ambler, Kate; Mohammed Mehrab Bin Bakhtiar; De Brauw, Alan - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015656859

Macroprudential policy, household credit and house prices

Caloia, Francesco G.; Mangan, Madi; Mastrogiacomo, Mauro - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015467646

Dynamic relationship between credit and economic growth

Butrón, Nicolás; Pozo, Jorge - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015568007

A narrative analysis of formal financial institutions' financing of new enterprises in South Africa

Asah, Francis T. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015624855

Money and credit coexistence, excess capacity, and the size of monetary aggregates

Mennuni, Alessandro - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015396836

Microfinance and poverty in Indonesia : the macro impact of people's credit bank

Ismail, Munawar; Santoso, Dwi Budi; Satria, Dias - 2024

The purpose of this paper is to investigate the role of people's credit banks (BPRs), a predominant form of microfinance in Indonesia, in mitigating poverty. Using panel data from 31 provinces in Indonesia, this study employs static panel and panel models with instrument variables. Our findings...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015098582

How do changes in financial reporting standards affect relationship lending?

Dejuan-Bitria, Daniel; Landsman, Wayne R.; Mayordomo, Sergio - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015167039

Spillover effects of foreign currency loans : the role of the bank lending channel

Filep‐Mosberger, Palma; Kaszab, Lorant; Ren, Zhou - 2024

Local currency borrowers are statistically significantly affected by exchange rate fluctuations due to the bank lending channel. Using microdata on borrowers from Hungary, this study examines the spillover effects of foreign currency loans on local currency borrowers following an unexpected...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015115002

Does access to credit reduce child labour? : new evidence from Bangladesh

Munshi, Farzana; Kamal, Arefin K. M.; Fielding, David - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015051354

Discouraged borrowers and access to finance : evidence from Kenyan SMEs

Cheruiyot, Josea K. - 2026

This paper examines the incidence and determinants of credit rationing and borrower discouragement among Kenyan SMEs using firmlevel data from the 2018 World Bank Enterprise Survey. Only about onequarter of firms report no financing obstacles, while the majority face constraints of varying...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015632547

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Discouraged borrowers and access to finance: Evidence from Kenyan SMEs

Cheruiyot, Josea K. - 2026

Book / Working Paper

Household borrowing and monetary policy transmission : post-pandemic insights from nine European credit registers

De Jonghe, Olivier; Beņkovskis, Konstantı̄ns; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015627165

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Household borrowing and monetary policy transmission : post-pandemic insights from nine European credit registers

De Jonghe, Olivier; Benkovskis, Konstantīns; Bielskis, … - 2025

Book / Working Paper

Household borrowing and monetary policy transmission : post-pandemic insights from nine European credit registers

De Jonghe, Olivier; Benkovskis, Konstantīns; Bielskis, … - 2025

Book / Working Paper

Household borrowing and monetary policy transmission : post-pandemic insights from nine European credit registers

De Jonghe, Olivier; Beņkovskis, Konstantīns; … - 2025

Book / Working Paper

Household borrowing and monetary policy transmission: post-pandemic insights from nine European credit registers

De Jonghe, Olivier; Benkovskis, Konstantīns; Bielskis, … - 2025

Book / Working Paper

Household borrowing and monetary policy transmission : post-pandemic insights from nine European credit registers

De Jonghe, Olivier; Beņkovskis, Konstantīns; … - 2025

Book / Working Paper

Household borrowing and monetary policy transmission : post-pandemic insights from nine european credit registers

De Jonghe, Olivier; Benkovskis, Konstantins; Bielskis, … - 2025

Book / Working Paper

Household borrowing and monetary policy transmission : post-pandemic insights from nine European credit registers

De Jonghe, Olivier; Beņkovskis, Konstantīns; … - 2026

Book / Working Paper

Corporate debt composition, access to credit, and monetary policy

Gulan, Adam; Silvo, Aino - 2026

In both the U.S. and the euro area, the share of market finance in aggregate corporate credit has grown over time. To study the implications of the corporate debt structure for the transmission of monetary policy, we develop a New Keynesian DSGE model in which firms differ in productivity and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015655223

Pricing risk or rationing credit? : bank behaviour in a tightening monetary cycle

Volk, Matjaž - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015608987

Bank macroprudential policies and borrower ESG performance

Cui, Jie; Haq, Mamiza; Ongena, Steven; Tan, Eric K. M. - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015609765

Stablecoins and monetary policy transmission

Altavilla, Carlo; Boucinha, Miguel; Burlon, Lorenzo; … - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015616707

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Stablecoins and monetary policy transmission

Altavilla, Carlo; Boucinha, Miguel; Burlon, Lorenzo; … - 2026

Book / Working Paper

Learning by doing: how a real access to credit products influence people's financial knowledge in Colombia

Morales-Neira, Camilo; Camacho-Murillo, Andrés - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015611706

Multinational firms, internal borrowing, and domestic bank loans

Avdiu, Kujtim; Güntner, Jochen; Mayr, Karin; Segalla, … - 2026

We describe a novel mechanism via which multinational enterprises (MNEs) can serve to propagate productivity and credit supply shocks across borders. We augment the costly-state-verification model of Bernanke et al. [1999] with the internal capital market constraint of an MNE to analyze the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015612336

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Multinational firms, internal borrowing, and domestic bank loans

Avdiu, Kujtim; Güntner, Jochen; Mayr, Karin; Segalla, … - 2025

Book / Working Paper

Financial Inclusion, Credit Booms, and Financial Stability Risk

Barajas, Adolfo - 2026

Economic benefits of financial inclusion, meaning a broadening access of the population to financial services, have been studied extensively, but less is known about its potential effects on financial stability. We explore the complementarity between credit booms and episodes of rapid expansion...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015612695

The Nuanced Role of Government Credit in Monetary Policy Transmission

Chen, Sophia - 2026

We investigate the role of government credit in monetary policy transmission, using detailed credit registry data from Brazil. We find that government direct credit can effectively support small and medium-sized enterprises (SMEs) in a tight monetary policy environment, aligning with...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015612709

External Drivers of Credit Cycles in Cambodia

Che, Natasha - 2026

This paper investigates the external drivers of Cambodia’s credit cycles using a dynamic factor model. Results indicate that common global and regional factors explain over 60 percent of credit growth variance, reflecting one of Asia’s highest sensitivities to external conditions. The...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015612715

The impact of BigTech and Fintech credit on income inequality

Aktar, Mahbuba; El-Shagi, Makram - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015613466

Passive investors and loan spreads

Adler, Konrad; Dörr, Sebastian; Zhu, Xingyu - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015613790

Monetary policy, deposit funding shocks, and bank credit supply : bank-level IV evidence

Xu, Chenning - 2026

This paper examines how monetary tightening transmits to bank credit supply through deposit funding conditions during the 2022-23 cycle. Using a quarterly panel of more than 3,800 US commercial banks, it constructs predetermined exposure indices measuring depositor sophistication, branch...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015614173

Navigating credit dynamics : does it matter for firm-level investment? : evidence from AnaCredit

Kocabaş, Serkan; Saiz, Lorena - 2026

This study investigates how credit supply shocks impact firm-level investment across the euro area using the novel AnaCredit database. Employing the methodology developed by Amiti and Weinstein (2018), we decompose loan growth rates into four components: bank-specific, firm-specific,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015592622

A cyclical explanation of the decrease in the credit-to-GDP ratio in Poland after the COVID-19 pandemic

Kapuściński, Mariusz - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015594901

When the spare tyre goes flat : monetary policy transmission through non-banks

Goncharenko, Roman; Lukmanova, Elizaveta - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015604781

Monetary policy exposure of banks and loan contracting

Degerli, Ahmet; Wang, Jing - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015605580

Covid-19 pandemic crisis and macroprudential policy measures in Brazil

Bandeira, Fernanda Martins; Ornelas, José Renato Haas - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015625394

Euroisation and the bank lending channel of monetary policy : evidence from Czechia

Gric, Zuzana; Janků, Jan; Malovaná, Simona - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015625688

Do State SME Programs Work? Evidence from Loan Subsidies and Credit Guarantees in Kazakhstan

Melecky, Martin; Bizhan, Asset; Jambal, Ganbaatar; Ruiz … - 2026

This paper evaluates the employment and sales effects of two widely used financial support instruments for small and medium-sized enterprises, interest rate subsidies and credit guarantees, using administrative program data from Kazakhstan matched to the universe of firms. Utilizing staggered...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015628264

Credit supply, firms, and earnings inequality

Moser, Christian; Saidi, Farzad; Wirth, Benjamin; … - 2026

We study the distributional consequences of monetary policy-induced credit supply in the German labor market. Firms in relationships with banks that are more exposed to the introduction of negative interest rates in 2014 experience a relative contraction in credit supply, associated with lower...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015639810

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Credit supply, firms, and earnings inequality

Moser, Christian; Saidi, Farzad; Wirth, Benjamin; … - 2026

Book / Working Paper

Complementarities between loan sales and standby letters of credit : a theoretical model

Gargalas, Vassilios N.; Corzo, Mario G. - 2026

In their traditional function, commercial banks engage in recourse loan sales while evaluating clients' creditworthiness and assuming risk. However, banks face regulatory constraints that prevent them from fully exploiting this activity. Loan sales with recourse are treated as deposits, and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015639896

Business owner wealth and the credit channel of monetary policy

Delēs, Manthos D.; Ferrando, Annalisa; Mulier, Klaas; … - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015640042

Major customers and firms' reliance on bank debt

Liu, Shiang; Sun, Liang - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015640599

Credit allocation for SMEs in an aging economy : evidence from the COVID-19 and global financial crises in Japan$h

Tsuruta, Daisuke - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015641519

The heterogeneous bank lending channel of monetary policy

Abad, Jorge; Bigio, Saki; García-Villegas, Salomón; … - 2026

How does heterogeneity in banks' interest-rate risk exposure shape monetary policy transmission? We develop a quantitative macroeconomic model of heterogeneous banks to answer this question. We establish an irrelevance result: differences in interest-rate risk exposure between fixed- and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015641864

Impaired credit dynamism and the innovation slowdown

Imai, Masami; Sakai, Koji; Sawada, Michiru - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015641870

Do lending standards matter for non-financial corporate credit? : evidence from Albania

Papavangjeli, Meri; Skufi, Lorena; Geršl, Adam - 2026

This study investigates the relationship between lending standards and credit dynamics in Albania. Using a unique bank-level dataset from the Bank Lending Standards Survey, we differentiate between newly issued domestic-currency and foreign-currency loans to non-financial corporations. We...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015641880

Staffing the private debt boom : skills, talent, and consequences

Ivashina, Victoria; Rotermund, Sophie-Dorothee; … - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015641892

Supply side determinants of loan dollarization : micro-data evidence from Armenia

Grigoryan, Arthur; Geršl, Adam - 2026

This paper examines supply-side determinants of foreign currency loan issuance in the Armenian banking sector using a loan-level credit registry dataset spanning 2003-2024 - one of the longest single-country microdata samples in this literature. We estimate a binary logit model with bank and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015641894

Credit and demand for green energy : evidence from small firms in Kenya

Zhang, Jiayue; Shu, Yunyu; Oluoch, Wycliffe - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015643440

When credit growth diverges : common dynamics and regional heterogeneity in Italy

Barbieri, Claudio; Guerini, Mattia; Napoletano, Mauro - 2026

We investigate the structure and evolution of credit growth across Italian provinces. Using an econometric approach based on Random Matrix Theory, we decompose regional credit dynamics into common and idiosyncratic components. We use a longitudinal dataset of credit at the provincial level...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015644223

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When credit growth diverges : common dynamics and regional heterogeneity in Italy

Barbieri, Claudio; Guerini, Mattia; Napoletano, Mauro - 2026

Book / Working Paper

Climate policy and brown risk premium on bank loans : direct vs. indirect emissions

Tolkki, Ville; Junttila, Juha; Sahlström, Petri - 2026

The paper studies how climate policy affects the brown risk premium in bank lending, distinguishing between Scope 1 (direct) and Scope 2 (energy-related) emissions using loanlevel data on new variable-rate corporate loans from 2019-2024 matched with constructed measures of Scope 1 and Scope 2...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015644278

Does Automatic Loan Approval Reduce Gender Bias in SME Lending?

Arraiz, Irani; Bruhn, Miriam; Ruiz Ortega, Claudia - 2026

This paper examines whether automatic credit approval can reduce gender bias in lending to small and medium-sized enterprises. The study team collaborated with a bank in Peru that piloted a new screening tool to generate psychometric credit scores. Applicants who scored above a predefined...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015655976

Tales that cost : folklore and bank loan spreads

Godlewski, Christophe J.; Weill, Laurent - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015647424

Flexible debt relief and credit behavior : evidence from loan-level data

Worarit Vannavanit; Sommarat, Chantarat; Lathaporn … - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015650751

External finance premium : market finance versus bank finance

Chiţu, Livia; Gori, Sofia; Gürkaynak, Refet S. - 2026

This paper is the first to simultaneously examine firms' market-based and bank-based external finance premia and investigate the behavior of corporate bond markets in the United States and the euro area, with a focus on country- and state-level heterogeneity in monetary unions. Using a unique...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015650832

Developing the mortgage market : technology, property rights, and banking

D'Andrea, Angelo; Hitayezu, Patrick; Kpodar, Roland Kangni - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015650881

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Developing the mortgage market : technology, property rights, and banking

D'Andrea, Angelo; Hitayezu, Patrick; Kpodar, Roland Kangni - 2025

Book / Working Paper

Do credit and liquidity risks interact to shape bank stability? : evidence from an emerging banking system

Atari, Sana'; Bin Saddig, Ruaa; Awwad, Bahaa Sobhi Abde … - 2026

This paper examines whether the interaction between credit risk and liquidity conditions helps explain bank stability in a fragile and institutionally constrained banking environment. Using an annual panel of 13 Palestinian banks over 2011-2024 and measuring stability by the (log) Z-score, we...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015652373