Union (EMU) banking sector. The paper's central hypothesis that capital adequacy of the EMU banking sector influenced credit …, the sub-hypothesis that higher capital adequacy resulted in negative credit growth was supported for the crisis period. We …

This paper uses a unique dataset where credit rejections experienced by euro area firms are matched with firm and bank … characteristics. This allows us to study simultaneously the role that bank and firm weakness had in the credit reduction observed in … strong determinants of credit rejections, in the crisis period bank weakness made it harder to obtain external finance for …

show a shock to the marked-to-market (MTM) value of bank exposures to sovereign debt led to credit tightening in 2010 …I investigate whether bank exposures to sovereign debt during the European debt crisis affected the real economy. I … to market, I explore the transmission channels of the unrealized losses on credit supply. I show that a shock to MTM …

This paper analyzes the impact of public credit guarantee schemes on the allocation and performance of bank credit … firm-bank level, with the share and amount of nonguaranteed (private) credit declining for firms that obtain guaranteed … during the COVID-19 crisis. We exploit exhaustive loan-level data from the credit register with unique information on the …

As the euro area has a predominantly bank-based financial system, changes in the composition and strength of banks … crisis, in a context of financial market stress and weak bank balance sheets, unconventional monetary policy measures have … non-standard measures were successful in stimulating lending and which bank business models were more strongly affected …

)coordinated banks and their borrowers, bank strategic (re)actions when they draw their loan contracts and the impact of macroeconomic …

The aim of this paper is to empirically investigate the determinants of creditor concentration in the use of bank loans … relative to bank lending concentration. We find that firms tend to diversify sources of financing by reducing bank …

the NPL of systemic banks are positively associated with loan supply and bank profitability. On the other hand, the NPLs … of non-systemic banks is negatively associated with regulatory capital ratios, and is positively associated with bank …

hampered the smooth transmission of accommodative monetary policy. Using bank level data from 2007 to 2015, we directly measure … bank in the same month for loans to small and large firms (the "Small Firm Financing Premium", SFFP). We assess the role … played by both bank and macroeconomic factors in explaining the variation in the SFFP across countries and through time. We …

improves after receiving credit from lobbying banks. This especially holds for opaque borrowers, about which the lending bank …Using corporate loan facilities and hand-matched information on bank lobbying, we show that borrower performance … possesses valuable information, as well as for borrowers with strong standards of corporate governance. We also find that credit …