Corporate loans at particularly low rates in France

Sanvi Avouyi-Dovi , Rémy Lecat , Charles W O'Donnell (1, 2) , Benjamin Bureau , Jean-Pierre Villetelle

1 Banque de France - Banque de France
2 GREQAM - Groupement de Recherche en Économie Quantitative d'Aix-Marseille

Bank lending rates to firms have fallen sharply since the crisis, notably as a result of monetary policy measures, but they are also more dispersed, which points to a stronger discrimination by banks. Loans with particularly low interest rates represent a significant share of new loans, and they are extended mainly to healthy firms.

Domains: Humanities and Social Sciences; Economics and Finance; Humanities and Social Sciences

Sanvi Avouyi-Dovi, Rémy Lecat, Charles W O'Donnell, Benjamin Bureau, Jean-Pierre Villetelle. Corporate loans at particularly low rates in France. Quarterly selection of articles - Bulletin de la Banque de France, 2016, 41, pp.27-39. ⟨hal-01634239⟩