Using credit-registry data for Spain and Peru, we document that four main types of commercial credit—asset-based loans, cash flow trade finance leasing—are easily identifiable represent the bulk corporate credit. We show credit growth dynamics bank lending channels vary across these loan types. The effects monetary policy propagating through banks’ balance sheets are primarily driven by whereas...

This paper analyzes the linkages between credit supply conditions and bank lending. Building on the recent work of Gilchrist and Zakraǰsek [2011], we use the excess bond premium—a component of corporate credit spreads designed to measure shifts in the risk attitudes of financial intermediaries—to empirically identify credit supply shocks. Our results indicate that shocks to the excess bond prem...

Consumer credit is a lucrative but risky business. In order to control risk and maximize profits, commercial banks around the world have made great efforts to develop various analytic models to identify potential default loan applicants. This is also critically important to China, as the non-performing individual loans of Chinese commercial banks have been fast growing because of the myopic bus...

The research focuses on the cooperative relationship and the strategy tendency among three mutually interactive parties in financing: small enterprises, commercial banks and micro-credit companies. Complex network theory and time series analysis were applied to figure out the quantitative evidence. Moreover, this paper built up a fundamental model describing the particular interaction among the...

T he topic of the “credit crunch” received considerable attention during the early 1990s. As a result, several initiatives aimed at eliminating regulatory disincentives to lending were put in place. For example, documentation requirements recently were reduced to the legal minimum for loans to small and medium-sized businesses. Also, examiners and bankers were encouraged to emphasize the charac...

The transmission process from policy-controlled interest rates to bank lending rates deserves reconsideration owing to the implementation of the European Monetary Union (EMU) in 1999. Additional attention to the subject in Austria is due to several large banks which, in 2002, have been charged for not passing on interest rate decreases to their customers. I examine dynamic responses of commerci...

The preference of farmers between commercial and co-operative banks for borrowing has been studied with the objectives finding (a) distribution institutional credit across various categories to assess coverage quantum credit, (b) socio-economic factors which affect behaviour towards banks. In study, based on 100 farmer borrowers, discriminant analysis carried out. study offered some suggestions...

In essence, the Irish banks have become deeply involved in two distinct areas of commercial property lending. On one hand, they have provided capital for property developers to acquire sites, get planning, engage contractors and market their finished buildings. However, the banks have also supplied commercial real estate investors with credit to buy finished and fully let properties (mostly off...