loans carried a distinct risk compared with domestic loans. By contrast, a large Swiss bank, for example, did not need to …

. These findings are robust to censoring, alternative specifications of the distribution of bad loan duration and other bank …

-budget-constraint and liquidity effects, high concentration of bank credit reduces the likelihood of financial distress and liquidation, as …

when the bank: i) is geographically closer to borrowing firms; ii) relies more on soft than hard information; and iii … these techniques systematically in the monitoring process and if they adopt more decentralized structures. Bank size per se … important consequences on bank decisions. …