Title: The value of relationship banking during financial crises
Description: 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.
Subjects: Bank liquidity, Bank loans, Banks and banking, Business enterprises, Econometric models, Finance, Financial crises, Relationship banking
Places: Korea (South)