Bank size and lending specialisation

摘要: Using micro-level data on the entire population of business loans a bank-based economy, we empirically test some core predictions small and medium enterprise (SME) financing literature, examining banks’ lending specialisations in firm size technologies. Rejecting conventional belief that smaller banks focus more relationship than larger banks, find is equally common for large banks. However, supporting SME finance theories organizational advantages provide access to firms, though such are usually expensive.