6533b7d7fe1ef96bd1268b3b

RESEARCH PRODUCT

Il credito alle imprese nell’attuale congiuntura economico-finanziaria: dinamiche di mercato e scelte organizzative bancarie

Enzo Scannella

subject

Settore SECS-P/11 - Economia Degli Intermediari Finanziariloan financial crisis credit crunch bank lending.

description

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.

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