risk factors, we separate the bank-specific selection and monitoring abilities from the composition of the loan portfolio …, on average, lower loan losses, (b) the loss rate of a given industry in a bank's loan portfolio is lower if the bank has …

relates to bank specific factors mainly cost-to-income ratio (COIR) and prices for bank lending and deposit products. In … general, we find that of the bank-specific factors NIM, COIR and prices for loans and deposits to be significantly related to … credit demand as having a positive and significant influence on bank credit risk …