ECB corporate QE also transmitted through bank lending – ECB research

ECB in Frankfurt

The corporate bond purchases carried out by the European Central Bank have been complemented in improving companies’ financing conditions by bank lending.

In ECB corporate QE and the loan supply to bank-dependent firms, Frank Betz and Roberto De Santis analyse the transmission mechanism of this part of the ECB’s asset purchase programme.

“We find clear evidence that the CSPP [corporate sector purchase programme] is transmitted also through the bank lending channel,” say Betz and De Santis.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: