technologies are al-ready widely in use in the market by a large group of small mutual banks, an increase in competition may drive … banks to further cultivate their extensive ties with customers. -- interbank competition ; market organizational structure … local credit markets. We provide evidence that marginal increases in interbank competition are detrimental to relationship …

technologies are al-ready widely in use in the market by a large group of small mutual banks, an increase in competition may drive … local credit markets. We provide evidence that marginal increases in interbank competition are detrimental to relationship … lending in markets where large and out-of-market banks are predominant. On the contrary, where relational-based lending …