EIB Working Papers 2019/07 - What firms don’t like about bank loans

We use the association between non-financial firms and their banks, an information available in the European Investment Bank Investment Survey (EIBIS), to disentangle the effects of borrowers’ and lenders’ financial weakness on the satisfaction with the loan contracted. The dataset matches survey da...

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Κύριοι συγγραφείς: Ségol, Matthieu, Kolev, Atanas, Maurin, Laurent
Μορφή: Online
Γλώσσα:Αγγλικά
Έκδοση: European Investment Bank 2021
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Διαθέσιμο Online:OCN: 1238205507
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author Ségol, Matthieu
Kolev, Atanas
Maurin, Laurent
author_browse Kolev, Atanas
Maurin, Laurent
Ségol, Matthieu
author_facet Ségol, Matthieu
Kolev, Atanas
Maurin, Laurent
author_sort Ségol, Matthieu
collection Directory of Open Access Books
description We use the association between non-financial firms and their banks, an information available in the European Investment Bank Investment Survey (EIBIS), to disentangle the effects of borrowers’ and lenders’ financial weakness on the satisfaction with the loan contracted. The dataset matches survey data of non-financial firms about their satisfaction with bank lending with their financial data and the financial data of their banks. We find evidence of both demand and supply factors determining firm satisfaction with bank loan financing: non-financial firms with weaker finances and those financed by weaker banks are less satisfied with their bank financing. We also find that the impact of supply factors differs across regions within the EU: the effect of bank’s financial weakness on borrower satisfaction is not significant in core countries but is in periphery countries.
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publisherStr European Investment Bank
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spelling doab-20.500.12854ir-296222025-07-21T15:57:33Z EIB Working Papers 2019/07 - What firms don’t like about bank loans Ségol, Matthieu Kolev, Atanas Maurin, Laurent European Investment Bank Business & Economics Finance General thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry We use the association between non-financial firms and their banks, an information available in the European Investment Bank Investment Survey (EIBIS), to disentangle the effects of borrowers’ and lenders’ financial weakness on the satisfaction with the loan contracted. The dataset matches survey data of non-financial firms about their satisfaction with bank lending with their financial data and the financial data of their banks. We find evidence of both demand and supply factors determining firm satisfaction with bank loan financing: non-financial firms with weaker finances and those financed by weaker banks are less satisfied with their bank financing. We also find that the impact of supply factors differs across regions within the EU: the effect of bank’s financial weakness on borrower satisfaction is not significant in core countries but is in periphery countries. 2021-02-10T13:34:05Z 2021-02-10T13:34:05Z 2020-12-15T13:27:29Z 2019 book OCN: 1238205507 https://library.oapen.org/handle/20.500.12657/43412 9789286143571 https://directory.doabooks.org/handle/20.500.12854/29622 eng open access image/jpeg image/jpeg image/jpeg image/jpeg n/a n/a n/a n/a https://library.oapen.org/bitstream/20.500.12657/43412/1/external_content.pdf https://library.oapen.org/bitstream/20.500.12657/43412/1/external_content.pdf https://library.oapen.org/bitstream/20.500.12657/43412/1/external_content.pdf https://library.oapen.org/bitstream/20.500.12657/43412/1/external_content.pdf European Investment Bank European Investment Bank https://doi.org/10.2867/215599 https://doi.org/10.2867/215599 feca012f-a3d8-4aac-95aa-b6cf4bdbed7c Knowledge Unlatched 9789286143571 Knowledge Unlatched (KU) European Investment Bank open access
spellingShingle Business & Economics
Finance
General
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
Ségol, Matthieu
Kolev, Atanas
Maurin, Laurent
EIB Working Papers 2019/07 - What firms don’t like about bank loans
title EIB Working Papers 2019/07 - What firms don’t like about bank loans
title_full EIB Working Papers 2019/07 - What firms don’t like about bank loans
title_fullStr EIB Working Papers 2019/07 - What firms don’t like about bank loans
title_full_unstemmed EIB Working Papers 2019/07 - What firms don’t like about bank loans
title_short EIB Working Papers 2019/07 - What firms don’t like about bank loans
title_sort eib working papers 2019 07 what firms don t like about bank loans
topic Business & Economics
Finance
General
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
topic_facet Business & Economics
Finance
General
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry
url OCN: 1238205507
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