Bank funding, securitization, and loan terms: Evidence from foreign currency lending KU Leuven
© 2014 The Ohio State University. We examine how bank funding structure and securitization activities affect the currency denomination of business loans. We analyze a unique data set that includes information on the requested and granted loan currency for 99,490 loans granted to 57,464 firms by a Bulgarian bank. Our findings document that foreign currency lending is at least partially driven by bank eagerness to match the currency structure of ...