The impact of U.S. bank loan announcements on the stock prices of the corporate borrowers has been decreasing during … jump back up to around 200 basis points. We surmise that in a booming credit market the certification of corporate …

We investigate how the introduction of market-based pricing, the practice of tying loan interest rates to credit … default swaps, has affected bank financing. We find that market-based pricing is associated with lower interest rates, both at …-based pricing loans, suggesting that the decline in the cost of bank debt is explained, at least in part, by a reduction in …

. Although global bank lending is often reported to amplify the international credit cycle, we show that foreign banking acted as … credit market and in funding markets. The reduction in the supply of credit by Eurozone banks caused riskier borrowers to … a shock absorber that weathered the real consequences of the credit crunch in Europe …

In the wake of the 2008-09 financial crisis, a number of European OECD countries introduced credit mediation schemes …, as a new, often temporary mechanism to help ease access to finance by SMEs. This report investigates the nature of credit … mediation and credit review schemes implemented in selected countries (i.e. Belgium, France, Germany, Ireland and Spain) in the …