Corporate loans at particularly low rates in France

Sanvi Avouyi-Dovi, Remy Lecat (), Charles W O'Donnell, Benjamin Bureau and Jean-Pierre Villetelle ()
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Charles W O'Donnell: Banque de France - Banque de France - Banque de France, GREQAM - Groupement de Recherche en Économie Quantitative d'Aix-Marseille - ECM - École Centrale de Marseille - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique - AMU - Aix Marseille Université

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Abstract: Bank lending rates to firms have fallen sharply since the crisis, notably as a result of monetary policy measures, but they are also more dispersed, which points to a stronger discrimination by banks. Loans with particularly low interest rates represent a significant share of new loans, and they are extended mainly to healthy firms.

Date: 2016-04
Note: View the original document on HAL open archive server: https://hal-amu.archives-ouvertes.fr/hal-01634239
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Published in Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, 2016, pp.27-39

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