Do Lending Relationships Matter? Evidence from Bank Survey Data in Germany

Arbeitspapier

Strong lending relationships between banks and small and medium-sized enterprises (SMEs) play a key role in the bank-based financial system of Germany. So far, they have been mainly described by the notion of a housebank and transactional features of long-term bank-customer relationships. In contrast, the present paper also considers interactional variables which try to measure social relations between loan officer and firm manager. Using bank survey data, the relationship and interaction variables prove to affect loan prices, collateral requirements and credit availability.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CoFE Discussion Paper ; No. 00/04

Classification and Topics

• Classification: Wirtschaft
• Subject: Kredit ; Firmenkundengeschäft ; Bank ; KMU ; Lieferanten-Kunden-Beziehung ; Social Capital ; Schätzung ; Deutschland

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Lehmann, Erik ; Neuberger, Doris
• Event: Veröffentlichung
• (who): University of Konstanz, Center of Finance and Econometrics (CoFE)
• (where): Konstanz
• (when): 2000

Further information

• Handle: http://hdl.handle.net/10419/85175
• URN: urn:nbn:de:bsz:352-opus-4193
• Last update: 10.03.2025, 11:45 AM CET