Loan officers and relationship lending to SMEs

Hirofumi Uchida, Gregory Udell () and Nobuyoshi Yamori

No 2008-17, Working Paper Series from Federal Reserve Bank of San Francisco

Abstract: Previous research suggests that loan officers play a critical role in relationship lending by producing soft information about SMEs. For the first time, we empirically confirm this hypothesis We also examine whether the role of loan officers differs from small to large banks as predicted by Stein (2002). While we find that small banks produce more soft information, the capacity and manner in which loan officers produce soft information does not seem to differ between large and small banks. This suggests that, although large banks may produce more soft information, they likely tend to concentrate their resources on transactions lending.

Keywords: Banks and banking; Bank loans; Commercial credit (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-ban
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.frbsf.org/publications/economics/papers/2008/wp08-17bk.pdf (application/pdf)

Related works:
Journal Article: Loan officers and relationship lending to SMEs (2012)
Working Paper: Loan Officers and Relationship Lending to SMEs (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedfwp:2008-17

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Working Paper Series from Federal Reserve Bank of San Francisco Contact information at EDIRC.
Bibliographic data for series maintained by Federal Reserve Bank of San Francisco Research Library ().