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Please use this identifier to cite or link to this item:
http://hdl.handle.net/2451/26952
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| Title: | De Novo Banks and Lending to Small Businesses: An Empirical Analysis |
| Authors: | Goldberg, Lawrence G.
White, Lawrence J. |
| Issue Date: | 28-Jul-1997 |
| Series/Report no.: | FIN-98-039 |
| Abstract: | Recent widespread consolidation in the banking industry has elicited
concern that lending to small businesses will be reduced by the banking
industry. The consolidation, though, has stimulated an upsurge in new
bank charters. This study compares the lending by de novo banks to small
businesses with the lending by similarly sized incumbent banks for years
1987-1994. We find that the portfolios of de novo banks consistently
contain a substantially higher percentage of small business loans than
do the portfolios of similar incumbents. These results indicate that de
novo banks can be part of the solution to the problems that
consolidation may create. |
| URI: | http://hdl.handle.net/2451/26952 |
| Appears in Collections: | Economics Working Papers
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