IDEAS home Printed from https://ideas.repec.org/p/nbp/nbpmis/336.html
   My bibliography  Save this paper

Shocks to bank capital position: Do they matter for lending to firms and how they are channelled? Evidence from Senior Loan Officer Opinion Survey for Poland

Author

Listed:
  • Ewa Wróbel

    (Narodowy Bank Polski)

Abstract

Basing on data from bank lending surveys, we show that shocks to capital position are an important driver of bank lending standards, terms and conditions. Standards for small and medium-sized enterprises are affected more than those for large entities. Shocks to capital are channelled to firms mostly through these terms and conditions which are related to loan price: average spreads and spreads on riskier loans. The third mostly used channel is required collateral. Adverse shocks to capital position result in a lower lending, in particular for real property acquisition and for financing working capital and on current account.

Suggested Citation

  • Ewa Wróbel, 2021. "Shocks to bank capital position: Do they matter for lending to firms and how they are channelled? Evidence from Senior Loan Officer Opinion Survey for Poland," NBP Working Papers 336, Narodowy Bank Polski.
    • Handle: RePEc:nbp:nbpmis:336
    as

    Download full text from publisher

    File URL: https://static.nbp.pl/publikacje/materialy-i-studia/336_en.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    bank capital; bank lending survey; structural VAR.;
    All these keywords.

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:nbp:nbpmis:336. 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: Jakub Growiec (email available below). General contact details of provider: https://edirc.repec.org/data/nbpgvpl.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.