The value of relationship banking during financial crises evidence from the Republic of Korea

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...

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Bibliographic Details
Main Author: Ferri, Giovanni
Corporate Author: World Bank Development Research Group
Other Authors: Kim, In-June, Kang, Tae Soo
Format: eBook
Language:English
Published: Washington, D.C World Bank, Development Research Group, Finance 2001
Series:Policy research working paper
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Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Description
Summary: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
Item Description:"February 2001"--Cover. - Includes bibliographical references (p. 34-39). - Title from title screen as viewed on Sept. 18, 2002