Non-performing loans and bank lending behaviour

Autor:	Ardit Gjeçi, Matej Marinč, Vasja Rant
Rok vydání:	2023
Předmět:	macroeconomic determinants banke Economics and Econometrics kreditiranje Strategy and Management crediting non-performing loans banks macroeconomics bank lending behaviour makroekonomija Business and International Management udc:336.71 Finance
Zdroj:	Risk management, vol. 25, no. 1, 7, 2023.
ISSN:	1743-4637 1460-3799
DOI:	10.1057/s41283-022-00111-z
Popis:	This article empirically investigates whether the level of non-performing loans (NPLs) affects the bank lending behaviour using the bank-level data across 42 coun- tries, spanning over the period from 2000 to 2017. We find a negative and statisti- cally significant relationship between NPL and bank loan growth. This impact is not geographically restricted and is confirmed for the EU, non-EU, advanced, and emerging countries subsamples. We also examine the channels through which NPLs affect loan growth. Our results show that the association between NPL and loan growth is more pronounced for well-capitalized banks. We find no evidence in support of an effect of asset management companies on the negative association between NPLs and loan growth. In addition, our results are robust with respect to alternative measure of credit risk and different specifications.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::0f0b9fb76b4964bd412ca4d532c64820 https://doi.org/10.1057/s41283-022-00111-z Zobrazit plný text záznamu Full text from SpringerLink