ABSTRACT
The issue of relationship lending has been the subject of ample study, and a series of benefits and limitations have come to the fore, some of which are fully acknowledged – such as (a) the reduction of information gaps between lenders and borrowers, and (b) the potential risk of ‘hold up’ – whereas others have been examined rather less. One such issue is the ongoing benefits of relationship banking during the financial crisis, which constitutes the subject of this chapter.
