The economic impact of changes in local bank presence

Iftekhar Hasan (1) , Krzysztof Jackowicz , Oskar Kowalewski (2) , Łukasz Kozłowski

1 Fordham University, 1790 Broadway, 11th Floor, New York, NY 10019, USA
2 LEM - Lille économie management - UMR 9221

This study analyzes the economic consequences of changes in the local bank presence. Using a unique data set of banks, firms and counties in Poland over the period 2009–14, it is shown that changes strengthening the relationship banking model are associated with local labour market improvements and easier small and medium-sized enterprise access to bank debt. However, only the appearance of new, more aggressive owners of large commercial banks stimulates new firm creation.

Mots clés: local economic activity; small and medium-sized enterprises

Domaines: Sciences de l'Homme et Société; Economies et finances

Iftekhar Hasan, Krzysztof Jackowicz, Oskar Kowalewski, Łukasz Kozłowski. The economic impact of changes in local bank presence. Regional Studies, 2019, 53 (5), pp.644-656. ⟨10.1080/00343404.2018.1475729⟩. ⟨hal-02499225⟩