IDEAS home Printed from https://ideas.repec.org/a/fip/fedreb/92710.html
   My bibliography  Save this article

Bank Lending in the Time of COVID

Author

Abstract

We discuss the evolution of bank lending during the first several months of the COVID-19 pandemic. Large domestic banks and foreign-related banks increased significantly their lending to businesses during these months, much of it through existing lines of credit. Small domestic banks played an active role in providing paycheck protection loans. In terms of consumer credit, the stock of banks' residential mortgage loans did not change substantially, and the amount of bank credit flowing directly to consumers decreased.

Suggested Citation

  • Huberto M. Ennis & Arantxa Jarque, 2021. "Bank Lending in the Time of COVID," Richmond Fed Economic Brief, Federal Reserve Bank of Richmond, vol. 21(05), February.
    • Handle: RePEc:fip:fedreb:92710
    as

    Download full text from publisher

    File URL: https://www.richmondfed.org/publications/research/economic_brief/2021/eb_21-05
    File Function: Article
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Rajdeep Sengupta & Fei Xue, 2022. "Do Net Interest Margins for Small and Large Banks Vary Differently with Interest Rates?," Economic Review, Federal Reserve Bank of Kansas City, vol. 107(no.1), February.
    2. Adam Byrdak & Rajdeep Sengupta, 2021. "Bank Profitability Rebounds despite Compressed Interest Margins," Economic Bulletin, Federal Reserve Bank of Kansas City, issue November , November.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedreb:92710. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christian Pascasio (email available below). General contact details of provider: https://edirc.repec.org/data/frbrius.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.