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The Number of Bank Relationships of SMEs: A Disaggregated Analysis for the Swiss Loan Market

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Author Info
Doris Neuberger (University of Rostock)
Christoph Schacht (Institute for Financial Services Zug)
Abstract

The present paper investigates the number of bank relationships of small and medium-sized enterprises in Switzerland using survey data from 1996 and 2002. We differentiate between overall bank relationships and lending relationships and disaggregate the loan market with respect to firm sizes, industries and banking groups. On average, bank lending declined, while the role of housebank relationships increased in 1996- 2002. The development of the number of bank relationships seems to have been demand-driven as well as supply-driven for medium-sized firms, but only supply-driven for very small and small firms. Supply-side reductions resulted from the merger between two big banks and changes in credit risk management at major banks.

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Paper provided by EconWPA in its series Finance with number 0506018.

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Length: 28 pages
Date of creation: 30 Jun 2005
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Handle: RePEc:wpa:wuwpfi:0506018

Note: Type of Document - pdf; pages: 28
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Web page: http://129.3.20.41

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Keywords: relationship lending; housebank; loan market structure; multiple banks;

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Find related papers by JEL classification:
G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Mortgages
G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Capital and Ownership Structure

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    Other versions:
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    Other versions:
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    Other versions:
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