The paper examines the bank lending activities of banks in a low interest rate environment. External financing of small …- and medium-sized enterprises in the euro area primarily takes place via bank loans and not through capital markets. Based … on the Bankscope database, bank balance sheet data is utilized. Control variables are included, such as for the system of …

We introduce an innovative approach to measure bank integration, based on the corporate culture of multinational … financial reports of global banks. We employ a two-step approach: as a first step, we investigate whether parent-bank or parent …-country characteristics are more important for bank integration. In a second step, we analyze whether bank integration affects the …

also evaluate the predictive power of the change in bank lending (credit impulse) and find that it adds little additional …

We study the implications of the Eurosystem's expanded Asset Purchase Programme (APP) for the bank lending business of … confidential bank-level data on quantitative balance sheet items and interest rates as well as on qualitative survey responses to … the Eurosystem's Bank Lending Survey, we identify the exposure of banks to the APP and corresponding effects on loan …

In June 2014 the ECB became the first major central bank to lower one of its key policy rates to negative territory … by using individual bank data for the euro area to identify possible adjustments by banks triggered by the introduction … of negative interest rates through three channels: government bond holdings, bank lending, and wholesale funding. We find …