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The Impact of Competition on Bank Orientation and Specialization

Degryse, Hans; Ongena, S. - Tilburg University, Center for Economic Research - 2003

How do banks react to increased interbank competition?Recent banking theory offers conflicting predictions about the … impact of competition on bank orientation í L H WKH choice of relationship based versus transactional banking í DQG EDQN … LQGXVWU\ specialization.We empirically investigate the impact of interbank competition on bank branch orientation and …

Persistent link: https://www.econbiz.de/10011090384

The Impact of Organizational Structure and Lending Technology on Banking Competition

Degryse, Hans; Laeven, L.; Ongena, S. - Tilburg University, Center for Economic Research - 2006

.We investigate theoretically and empirically how bank organization shapes banking competition.Our theoretical model illustrates how a …

Persistent link: https://www.econbiz.de/10011090754

Information Asymmetry and Foreign Currency Borrowing by Small Firms

Brown, M.; Ongena, S.; Yesin, P. - Tilburg University, Center for Economic Research - 2011

We model the choice of loan currency in a framework which features a trade-off between lower cost of debt and the risk of firm-level distress costs. Under perfect information foreign currency funds come at a lower interest rate, all foreign currency earners as well as those local currency...

Persistent link: https://www.econbiz.de/10011091089

Distance, Lending Relationships, and Competition

Degryse, Hans; Ongena, S. - Tilburg University, Center for Economic Research - 2003

A recent string of theoretical papers has highlighted the importance of geographical distance in explaining loan rates for small firms.Lenders located in the vicinity of small firms face significantly lower transportation and monitoring costs, and hence wield considerable market power, if...

Persistent link: https://www.econbiz.de/10011091782

The Impact of Competition on Bank Orientation

Degryse, Hans; Ongena, S. - Tilburg University, Center for Economic Research - 2006

How do banks react to increased competition?Recent banking theory offers conflicting predictions about the impact of … competition on bank orientation - i.e., the choice of relationship based versus transactional banking.We empirically investigate … the impact of interbank competition on bank branch orientation.We employ a unique data set containing detailed information …

Persistent link: https://www.econbiz.de/10011092217

Currency Denomination of Bank Loans : Evidence from Small Firms in Transition Countries

Brown, M.; Ongena, S.; Yesin, P. - Tilburg University, Center for Economic Research - 2008

We examine the firm-level and country-level determinants of the currency denomination of small business loans. We introduce an information asymmetry between banks and firms in a model that also features the trade-off between the cost of debt and firm-level distress costs. Banks in our model...

Persistent link: https://www.econbiz.de/10011092691