Does Local Credit Environment Affect Banks Loan Portfolios;The Evidence from the City Commercial Banks
研究了地方信用环境对城市商业银行贷款组合的影响，发现信用环境越好，银行越倾向于发放信用贷款、个人贷款和短期贷款，且这种影响仅在法律保护较弱的地区显著。
This paper verifies the impact of informal institution on loan contract.We examine the relationship between local credit environment and banks loan portfolios using the sample of the City Commercial Banks (CCB),and investigate the role of credit in different legal protection environment.The results indicate that the better the credit environment,the more the CCB will supply credit loans,personal loans and short - term loans. And the conclusions are still robust after considering the endogenous problem.We further inspect the relationship grouping by the degree of legal protection,and results show that the impact of credit on loan portfolios only exists in the area of poor legal protection.And there has differences in which banks depend on when choosing loan portfolios and banks will focus more on the situation in poor legal protection when choosing loans' collateral type while in loan property and term structure is on the contrast.Finally,we also inspect problems such as cross - regional operations and confirm the robustness of conclusions.