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

Ҫolak, Gönül and Öztekin, Özde (2021) The impact of COVID-19 pandemic on bank lending around the world. Journal of Banking and Finance, 133. a106207 1-24. ISSN 0378-4266

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Abstract

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.

Item Type: Article
Schools and Departments: University of Sussex Business School > Accounting and Finance
SWORD Depositor: Mx Elements Account
Depositing User: Mx Elements Account
Date Deposited: 22 Feb 2022 08:12
Last Modified: 22 Feb 2022 10:15
URI: http://sro.sussex.ac.uk/id/eprint/104484

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