Download or read book The Effects of Bank Consolidation and Market Entry on Small Business Lending written by Emilia Bonaccorsi di Patti and published by . This book was released on 2001 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Effects of Bank Consolidation and Market Entry on Small Business Lending written by Emilia Bonaccorsi di Patti and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Dymanics of Market Entry written by Allen N. Berger and published by . This book was released on 2008 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the dynamics of market entry following mergers and acquisitions (Mamp;As), and the behavior of recent entrants in supplying output that might be withdrawn by the consolidating firms. The data, drawn from the banking industry, suggests that Mamp;As are associated with subsequent increases in the probability of entry. The estimates suggest that Mamp;As explain more than 20% of entry in metropolitan markets, and more than 10% ofentry in rural markets. Additional results suggest that bank age has a strong negative effect on the small business lending of small banks, but that Mamp;As have little influence on this lending.
Download or read book The Effects of Bank Consolidation on Small Business Lending written by United States. Congress. House. Committee on Small Business. Subcommittee on Taxation and Finance and published by . This book was released on 1996 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Distributed to some depository libraries in microfiche.
Download or read book Bank Mergers Acquisitions written by Yakov Amihud and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the financial services industry becomes increasingly international, the more narrowly defined and historically protected national financial markets become less significant. Consequently, financial institutions must achieve a critical size in order to compete. Bank Mergers & Acquisitions analyses the major issues associated with the large wave of bank mergers and acquisitions in the 1990's. While the effects of these changes have been most pronounced in the commercial banking industry, they also have a profound impact on other financial institutions: insurance firms, investment banks, and institutional investors. Bank Mergers & Acquisitions is divided into three major sections: A general and theoretical background to the topic of bank mergers and acquisitions; the effect of bank mergers on efficiency and shareholders' wealth; and regulatory and legal issues associated with mergers of financial institutions. It brings together contributions from leading scholars and high-level practitioners in economics, finance and law.
Download or read book Bank Consolidation and Small Business Lending written by Federal Reserve Federal Reserve Board of Governors and published by Createspace Independent Publishing Platform. This book was released on 2016-01-14 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines how bank merger and acquisition activity affected small business lending in local U.S. banking markets between 1994 and 2000, focusing particularly on the role that community banks played in determining the ultimate effects of consolidation. During the 1994-1997 period, we find evidence that consolidation activity involving big banks was associated with lower loan growth, whereas community bank consolidations and a greater presence of community banks in the market were associated with higher loan growth. During the 1997-2000 period, consolidation activity was either unrelated to small business loan growth or associated with higher loan growth, suggesting that the dynamics of consolidation activity had changed. In both periods, we find evidence that consolidation presented an opportunity for community banks. Once adjustments are made for reclassifications in the size category of organizations due to consolidation or asset growth, we find that the share of small business lending funded by community banks rose during both study periods-particularly in markets undergoing consolidation.
Download or read book Bank Consolidation and Small Business Lending within Local Markets written by Katherine Samolyk and published by . This book was released on 2014 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses the relatively new CRA small business loan data to examine how bank consolidation has been related to small business lending within a bank's local community - particularly to borrowers having more modest economic prospects, such as very small businesses or those located in low- and moderate-income areas. The results of multivariate tests indicate that during the late 1990s, banks experiencing merger activity- including banks that did not themselves merge but were part of active holding companies - had systematically lower small business loan growth than inactive banks. But, the effects appear to reflect a general decline in small business lending rather than a shift away from lending to lower- income areas or to very small businesses. At the local level, merger-related effects are more pronounced when the merger activity increases the local market share of the surviving bank or its parent holding company. Thus, our results indicate that, at least in terms of the quantity of credit, the effects of bank consolidation do not appear to fall disproportionately on the businesses having more modest prospects. On the other hand, the market-level analysis indicates that standard antitrust concerns about the provision of local banking services still seem to apply in small business credit markets.
Download or read book The Dynamics of Market Entry written by Allen N. Berger and published by . This book was released on 1999 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effect of Market Size Structure on Competition written by Allen N. Berger and published by . This book was released on 2001 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bank Consolidation and Lending Policies to Small Business written by Silvia Del Prete and published by . This book was released on 2007 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using Bank of Italy data on Italian banks in the period 1990-2004, the paper analyses the short and long-run effects of the concentration of the banking industry on the availability of credit to small and medium-sized firms. Our study employs a bank-based approach and investigates the differential effects of banking consolidation in the various geographical areas, in order to capture the influence of the different economic contexts. Our research also considers the different groups of intermediaries involved, as well as the role of new entry banks and of those not involved in consolidations (e.g. rivals). We find that banks' specialization in terms of credit policy seems to be affected by Mamp;As. On the one hand, the portion of credit allocated to small businesses decreases in the long run after mergers, which result in a more pronounced size change and a more complex organizational structure; this effect is stronger in the South and in the North East of Italy. On the other hand, in the case of acquisitions, banking groups improve their expertise in small business lending. These results hold in all the main geographical areas, except for the southern regions, where - everything being equal - small firms are riskier and banks' takeovers are motivated mainly by the need to allow financial restructuring. However, in this market, the entry of new banks and close relationships between local banks and agglomerations of small firms partly offset the lower specialization on small business financing induced by acquisitions.
Download or read book Bank Consolidation and Small Business Lending written by Federal Reserve Board of Governors and published by CreateSpace. This book was released on 2015-06-04 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines how bank merger and acquisition activity affected small business lending in local U.S. banking markets between 1994 and 2000, focusing particularly on the role that community banks played in determining the ultimate effects of consolidation. During the 1994-1997 period, we find evidence that consolidation activity involving big banks was associated with lower loan growth, whereas community bank consolidations and a greater presence of community banks in the market were associated with higher loan growth. During the 1997-2000 period, consolidation activity was either unrelated to small business loan growth or associated with higher loan growth, suggesting that the dynamics of consolidation activity had changed. In both periods, we find evidence that consolidation presented an opportunity for community banks. Once adjustments are made for reclassifications in the size category of organizations due to consolidation or asset growth, we find that the share of small business lending funded by community banks rose during both study periods-particularly in markets undergoing consolidation.
Download or read book Bank Consolidation and Small Business Lending written by Robert B. Avery and published by . This book was released on 2014 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines how bank merger and acquisition activity affected small business lending in local U.S. banking markets between 1994 and 2000, focusing particularly on the role that community banks played in determining the ultimate effects of consolidation. During the 1994-1997 period, we find evidence that consolidation activity involving big banks was associated with lower loan growth, whereas community bank consolidations and a greater presence of community banks in the market were associated with higher loan growth. During the 1997-2000 period, consolidation activity was either unrelated to small business loan growth or associated with higher loan growth, suggesting that the dynamics of consolidation activity had changed. In both periods, we find evidence that consolidation presented an opportunity for community banks. Once adjustments are made for reclassifications in the size category of organizations due to consolidation or asset growth, we find that the share of small business lending funded by community banks rose during both study periods - particularly in markets undergoing consolidation.
Download or read book The Effects of Bank Consolidation on Small Business Lending written by United States Congress and published by Forgotten Books. This book was released on 2018-10-09 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Effects of Bank Consolidation on Small Business Lending: Joint Hearing Before the Subcommittee on Taxation and Finance, and the Subcommittee on Government Programs of the Committee on Small Business, House of Representatives, One Hundred Fourth Congress, Second Session, Boston, Ma, March 4, 1996 During the past few years, my bank, Danvers Savings Bank, has focused on small business lending. We were the first mutual sav ings bank in the country to be designated a preferred lender by the Small Business Administration. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book The Dynamic of Market Entry written by A. N. Berger and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Does Market Size Structure Affect Competition The Case of Small Business Lending written by Allen N. Berger and published by . This book was released on 2014 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Market size structure refers to the distribution of shares of different size classes of local market participants, where the sizes are inclusive of assets both within and outside the local market. We apply this new measure of market structure in two empirical analyses of the U.S. banking industry to address concerns regarding the effects of the consolidation in banking. Our quantity analysis of the likelihood that small businesses borrow from large versus small banks and our small business loan price analysis that includes market size structure as well as conventional measures yield very different findings from most of the literature on bank size and small business lending. Our results do not suggest a significant net advantage or disadvantage for large banks in small business lending overall, or in lending to informationally opaque small businesses in particular. We argue that the prior research that excluded market size structure may be misleading and offer some likely explanations of why our results differ.
Download or read book The Dynamics of Market Entry the Effects of Mergers and Aquisitions on de Novo Antry and Small Business Lending in the Banking Industry written by Allen N. Berger and published by . This book was released on 1999 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bank Consolidation and Small Business Lending written by Joe Peek and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Concern with the potential effect of bank mergers on small business lending has stemmed from a belief that larger acquirers may be less willing than their smaller targets to be active in the small business lending market. However, we find that in roughly half the commercial and savings bank mergers of the past three years, the acquirer has a larger portfolio share of small business loans than its target; moreover, the most common acquirer of small banks is another small bank. The empirical results support the hypothesis that acquirers tend to recast the target in their own image, causing small business loan portfolio shares of the consolidated bank to converge toward the pre-merger portfolio share of the acquirer. Since acquirers are almost as likely to have larger as smaller shares of small business loans in their portfolios, compared to their targets, this suggests that not all mergers will shrink small business lending; many will actually increase it.
