Abstract
Abstract: The UK Cruickshank Report (2000) highlighted the potential for market power issues where bank concentration could lead to more expensive credit. Because of the many risk factors influencing the cost of credit, it is difficult to establish whether differences in pricing is a consequence of risk or is due to differential pricing practices among lenders. In this study, we find that even when risk factors are taken into account, considerable variation in pricing among UK lenders remains. Moreover, the lenders with the largest market share in SME finance over the 8 years surveyed, charged significantly higher interest premia.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
