Advertisement

Credit Development, Quality Deterioration and Intermediation Model: Does Bank Size Matter?

Evidence from Italy between 2006 and 2010
  • Franco Tutino
  • Concetta Colasimone
  • Giorgio Carlo Brugnoni
Chapter
Part of the Palgrave Macmillan Studies in Banking and Financial Institutions book series (SBFI)

Abstract

In Italy, the effects of the global financial crisis started in 2007 caused both a significant downturn in the trend in loans to customers and a serious deterioration in the quality of credit exposures. Although widespread, this phenomenon took on different characteristics according to bank size; during the worst phase of the crisis, loans provided by larger banks grew significantly less than did those provided by smaller banks. In contrast, the deterioration in credit exposures mainly affected small and minor banks.

Keywords

Financial Crisis Total Asset Large Bank Small Bank Loan Portfolio 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Albertazzi, U. and D. J. Marchetti (2010) ‘Credit supply, flight to quality and evergreen: an analysis of bank-firm relationships after Lehman’, Bank of Italy Working Papers, 756/April.Google Scholar
  2. Altunbas, Y., L. Gambacorta and D. Marqués-Ibáñez (2010) ‘Bank risk and monetary policy’, Journal of Financial Stability, 6, 121–9.CrossRefGoogle Scholar
  3. Bank of Italy (2010) Annual Report.Google Scholar
  4. Bank of Italy (2009) Annual Report.Google Scholar
  5. Bank of Italy (2008) Annual Report.Google Scholar
  6. Bank of Italy (2007) Annual Report.Google Scholar
  7. Bank of Italy (2006) Annual Report.Google Scholar
  8. Bank of Italy (2005) Il bilancio bancario: schemi e regole di compilazione, Circular 262 of 22 December 2005, 1° update of 18 November 2009.Google Scholar
  9. Berg, J., A. Van Rixtel, A. Ferrando, G. De Bondt and S. Scopel (2005) ‘The bank lending survey for the euro area’, European Central Bank Occasional Paper Series, 23/February.Google Scholar
  10. Bonaccorsi di Patti, E. and E. Sette (2012) ‘Bank balance sheets and the transmission of financial shocks to borrowers: evidence from the 2007–2008 crisis’, Bank of Italy Working Papers, 848/January.Google Scholar
  11. Del Giovane, P., E. Ginette and A. Nobili (2011) ‘Disentangling demand and supply in credit developments: a survey-based analysis for Italy’, Journal of Banking & Finance, 35, 2719–32.CrossRefGoogle Scholar
  12. De Mitri, S., G. Giorgio and E. Sette (2010) ‘Relationship lending in a financial turmoil’, Bank of Italy Working Papers, 772/September.Google Scholar
  13. Di Battista, M.L. and L. Neri (2011) ‘Lending policies in Italian banks during the financial crisis’, Bancaria, 3, 11–19.Google Scholar
  14. Di Battista, M.L., L. Neri and A. Patarnello (2010) ‘Gli effetti della crisi sull’offerta di credito da parte delle banche’, ASSBB Osservatorio Monetario, 1, 42–56.Google Scholar
  15. European Central Bank (2003) ‘A bank lending survey for the euro area’, European Central Bank Monthly Bulletin, April, 65–75.Google Scholar
  16. Gambacorta, L. and P.E. Mistrulli (2011) ‘Bank heterogeneity and interest rate setting: what lessons have we learned since Lehman Brothers?’ Bank of Italy Working Papers, 829/October.Google Scholar
  17. La Ganga, P. and G. Vento (2012) ‘Il mercato interbancario’, in F. Tutino (ed.) La gestione della liquidità nella Banca (Bologna: Il Mulino), pp. 321–364.Google Scholar
  18. Mieli, S. (2010) ‘To grant credit in the crisis era’, Bancaria, 3, 11–17.Google Scholar
  19. Mottura, P. (2011) ‘Cooperative banking after the crisis: the necessity of a reform’, Bancaria, 12, 2–25.Google Scholar
  20. Panetta, F. and F.M. Signoretti (2010) ‘Domanda e offerta di credito in Italia durante la crisi finanziaria’, Bank of Italy Occasional Papers, April, 63.Google Scholar
  21. Tutino, F. (2009) Il bilancio delle banche. Introduzione alla lettura (Roma: Bancaria Editrice).Google Scholar
  22. Tutino, F., G. Bastianini and M. Parascandolo (2005) La performance delle banche. Flussi informativi, analisi di gestione, valutazione (Roma: Bancaria Editrice).Google Scholar
  23. Tutino, F. and R. Nicastro (2011) ‘Italian banks’ profitability: improvement strategies, business models, constraints’, Bancaria, 9, 1–18.Google Scholar

Copyright information

© Franco Tutino, Concetta Colasimone and Giorgio Carlo Brugnoni 2013

Authors and Affiliations

  • Franco Tutino
    • 1
  • Concetta Colasimone
    • 1
  • Giorgio Carlo Brugnoni
    • 1
  1. 1.La Sapienza University of RomeItaly

Personalised recommendations