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The impact of COVID-19 pandemic on bank lending around the world

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journal contribution
posted on 2023-06-10, 02:40 authored by Gonal ColakGonal Colak, Özde Öztekin
We evaluate the influence of the pandemic on global bank lending and identify bank and country characteristics that amplify or weaken the effect of the disease outbreak on bank credit. Using a sample of banks from 125 countries, we apply a difference-in-difference methodology and find that bank lending is weaker in countries that are more affected by the health crisis. This effect depends on the bank's financial conditions, market structure, regulatory and institutional environment, financial intermediary and debt market development, ease of access of corporate firms to debt capital, and the response of the public health sector to the crisis.

History

Publication status

  • Published

File Version

  • Accepted version

Journal

Journal of Banking and Finance

ISSN

0378-4266

Publisher

Elsevier

Volume

133

Page range

1-24

Article number

a106207

Department affiliated with

  • Accounting and Finance Publications

Full text available

  • Yes

Peer reviewed?

  • Yes

Legacy Posted Date

2022-02-22

First Open Access (FOA) Date

2022-02-22

First Compliant Deposit (FCD) Date

2022-02-21

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