Il Credito Alle Imprese Nell’Attuale Congiuntura Economico-Finanziaria: Dinamiche Di Mercato E Scelte Organizzative Bancarie (Bank Lending to Firms in the Current Financial Crisis: Market Trends and Bank Organisational Issues)
Il Risparmio Review, Rome, n. 1, pp. 37-86, January-March, 2014
Posted: 23 May 2014
Date Written: March 1, 2014
This paper aims to examine the underlying causes of the sharp reduction in bank lending, which in turn is highlighting some structural weaknesses of Italian firms and financial system. The structure of this paper is as follows. Section 1 introduces the paper. Section 2 analyzes some drivers of the bank loans market in the current financial crisis. Section 3 examines the increasing role of standardized bank lending practices that have enlarged the organizational and strategic differences between transaction-based lending and relationship-based lending. Section 4 concludes.
Keywords: loan, financial crisis, credit crunch, bank lending.
JEL Classification: G01, G20, G21, G32, M10, M20, M21.
Suggested Citation: Suggested Citation