This study looked at how different types of banks in emerging markets changed their lending during and after the 2008-09 financial crisis. Foreign banks were slower to increase lending compared to local banks in Asia, Latin America, and emerging Europe. State-owned banks in Latin America and emerging Europe actually increased lending during the crisis and continued to grow after. When central banks made money more available, banks lent more. Banks in Latin America and Asia that relied on money from regular people had more lending, especially during the crisis. Banks with more money saved up and better financial health also lent more. Countries with stricter banking rules saw more lending during the crisis.