This paper studies the impact of bank mergers on firm-bank lending relationships using information from individual loan … contracts in Belgium. We analyse the effects of bank mergers on the probability of borrowers maintaining their lending … relationships and on their ability to continue tapping bank credit. The Belgian financial environment reflects a number of …

the hierarchy. The analysis identifies two types of effects of policy choice: a direct effect of the policy on bank … behaviour and an indirect effect on firm behaviour as a reaction to the bank response. Both effects are important determinants …

This paper focuses on bank rescue packages and on the behaviour of troubled banks in light of rescue offers. A puzzling … feature of experience with banking crises is that in many cases policy authorities make offers of bank rescue, and banks are … reluctant to accept these offers. We study situations in which regulators have decided to offer bank rescue plans, and we show …