Are banks still important for financing large businesses?
Philip E. Strahan and
Marc R. Saidenberg
Current Issues in Economics and Finance, 1999, issue jul
As more corporations turn to the securities markets to meet their funding needs, the role of banks as providers of credit to large businesses seems increasingly uncertain. But a look at developments during the financial market turmoil last fall suggests that banks are still a critical source of liquidity at times of economic stress.
Keywords: Bank loans; Commercial loans; Financial crises (search for similar items in EconPapers)
References: View complete reference list from CitEc
Citations: View citations in EconPapers (36) Track citations by RSS feed
Downloads: (external link)
https://www.newyorkfed.org/medialibrary/media/rese ... t_issues/ci5-12.html (text/html)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:fip:fednci:y:1999:i:jul:n:v.5no.12
Ordering information: This journal article can be ordered from
Access Statistics for this article
More articles in Current Issues in Economics and Finance from Federal Reserve Bank of New York Contact information at EDIRC.
Bibliographic data for series maintained by Amy Farber ().