Bank credit to medium-sized enterprises in Italy: the trends before and during the crisis
Marcella Lucchetta () and
Loriana Pelizzon ()
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Ivan Lorenzon: Università Ca’ Foscari Venezia
BANCARIA, 2011, vol. 02, 20-32
This paper analyzes the determinants of credit to medium-sized enterprises before and during the crisis in Italy. While the bank-enterprise relationship seems to be crucial in the granting of credit before the crisis of 2007, during the crisis the results show a greater virtuosity of firms entrusted, which are more efficient, capitalized and liquid. Showing a profound change in the granting of credit, based on economic and financial indicators derived from corporate accounts.
Keywords: crisi finanziaria; credito alle imprese (search for similar items in EconPapers)
JEL-codes: G01 G21 G32 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ban:bancar:v:02:y:2011:m:february:p:20-32
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