The Collapse of International Bank Finance During the Crisis: Evidence from Syndicated Loan Markets

11 Pages Posted: 18 Aug 2012

See all articles by Michael K.F. Chui

Michael K.F. Chui

Bank for International Settlements (BIS)

Dietrich Domanski

Bank for International Settlements (BIS)

Peter Kugler

University of Basel

Jimmy Shek

Bank for International Settlements (BIS)

Date Written: September 6, 2010

Abstract

This article examines developments in the syndicated loan markets during the financial crisis. The investigation of deal structures and purposes suggests that supply constraints aggravated the sharp decline of syndicated lending. An econometric analysis confirms that balance sheet constraints of international banks played a significant part in the collapse of syndicated lending.

JEL Classification: F34, G15, G21

Suggested Citation

Chui, Michael K.F. and Domanski, Dietrich and Kugler, Peter and Shek, Jimmy, The Collapse of International Bank Finance During the Crisis: Evidence from Syndicated Loan Markets (September 6, 2010). BIS Quarterly Review, September 2010. Available at SSRN: https://ssrn.com/abstract=1672627

Michael K.F. Chui (Contact Author)

Bank for International Settlements (BIS) ( email )

CH-4002 Basel, Basel-Stadt
Switzerland

Dietrich Domanski

Bank for International Settlements (BIS) ( email )

Centralbahnplatz 2
Basel, Basel-Stadt 4002
Switzerland

Peter Kugler

University of Basel ( email )

Petersplatz 1
Basel, CH-4003
Switzerland
+41 61 267 3344 (Phone)
+41 61 267 3340 (Fax)

Jimmy Shek

Bank for International Settlements (BIS) ( email )

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