Assessing the impacts of bank mergers on small firms requires separating borrowers with single versus multiple banking …-relationship borrowers who "switch" to another bank following a merger will be less harmed than those whose relationship is "dropped" and not … to be dropped. We track post-merger performance and show that many dropped target-bank borrowers are harmed by the merger …

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 environment reflects a number of interesting features: high …

accounting for differences in observed bank characteristics. This downward bias does not seem to be explained by the fact that …

firms. We use two models provided by vendors, a model developed by the National Bank of Belgium, and the Altman Z …

Current empirical methods to identify and assess the impact of bank credit supply shocks rely strictly on multi-bank … firms and ignore firms borrowing from only one bank. Yet, these single-bank firms are often the majority of firms in an …-location-size-time fixed effects) that allows identifying timevarying cross-sectional bank credit supply shocks using both single- and multi-bank …