The article looks at how banking crises affect bank lending to businesses in different countries from 1970 to 1998. It shows that during a crisis, the way banks give out loans changes, and the usual rules like interest rates no longer work the same way. The study also supports a type of model that can predict banking crises. Overall, the findings suggest that during a banking crisis, banks behave differently in how they lend money, which has implications for how countries should manage their money policies.