The Value of Relationship Banking During Financial Crises
Author | : Giovanni Ferri |
Publisher | : World Bank Publications |
Total Pages | : 48 |
Release | : 2001 |
ISBN-10 | : |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book The Value of Relationship Banking During Financial Crises written by Giovanni Ferri and published by World Bank Publications. This book was released on 2001 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Relationship banking, with surviving banks, has a positive value during a systemic financial crisis. For many viable small and medium-size businesses in the Republic of Korea, relationship banking reduced liquidity constraints and thus diminished the probability of unwarranted bankruptcy during the country's financial crisis of 1997-98.