Pandemic and bank lending: Evidence from the 2009 H1N1 pandemic

Di Gong, Tao Jiang and Liping Lu

Finance Research Letters, 2021, vol. 39, issue C

Abstract: This paper empirically analyzes the impact of pandemic on the contracting of bank loans. Using data on syndicated loans during the season of H1N1 Swine Flu, we find that more flu is associated with higher loan spreads and smaller loan size. The adverse impact of pandemic was alleviated by the approval of vaccines.

Keywords: Bank lending; Pandemic; Loan spread (search for similar items in EconPapers)
JEL-codes: G21 G41 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:39:y:2021:i:c:s1544612320305882

DOI: 10.1016/j.frl.2020.101627

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