Ceilings on lending rates remain a widely used policy tool that is intended to lower the overall cost of credit or …-effects. These side-effects include increases in non-interest fees and commissions, reduced price transparency, lower credit supply … adverse impacts on bank profitability. Given these potential negative consequences of interest rate caps, the paper discusses …

receives an earmarked credit from its bank, its interest rates on new loans in the free-market increase while the loan volume …This paper studies loan conditions in a context where private banks can operate in two credit markets: a free … credit to firms that are ex ante more difficult to lock-in in the free-market-larger firms in more contested regions. The …

-up in lending flows to the private sector, rendering the recovery credit-less. This paper uses data on output and credit to … study the relative roles of demand and supply drivers of credit growth during economic recoveries on a sample of advanced … and emerging countries between 1980 and 2014. Using a simple endowment economy model, the paper shows that credit …

discontinuity in the loan approval process of a large bank, the study finds that competing lenders responded to additional loan … financially excluded borrowers, greatly diminishing the profits accruing to the initiating bank. Lenders may therefore underinvest … highlight that information spillovers between lenders may operate outside credit registries …