This paper empirically investigates bank lending decisions and the extent to which they are influenced by specific preferences in terms of geographical location and industry. We study whether banks develop a field of expertise and focus on it, or whether they prefer to diversify during both normal and crisis times. We manually built an original database of syndicated loans for banks in the four major banking systems in the eurozone, to estimate the determinants of loans’ amounts between 2005 and 2013. We show that bank lending is influenced by both the geographical location and the industry of the borrower. Our findings highlight a domestic bias and a sectoral bias with banks lending more to their domestic borrowers and to industries they are specialized in.

中文翻译：

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更好地了解恶魔：银行贷款中的房屋和部门偏向

本文从经验上调查了银行的贷款决策，以及它们在地理位置和行业方面受特定偏好影响的程度。我们研究银行是否发展专业领域并专注于此，或者在正常和危机时期它们是否更倾向于多元化。我们手动为欧元区四个主要银行体系的银行建立了银团贷款的原始数据库，以估算2005年至2013年之间贷款金额的决定因素。我们显示，银行贷款受地理位置和行业的影响。借款人。我们的研究结果突出显示了国内偏见和行业偏见，银行向其国内借款人及其专业行业提供了更多贷款。