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 …

. They are more likely to expand credit when faced with competition but also cherry pick customers and restrict credit when … local banking competition is key to determining which organizational structure provides better lending terms for small …