Bank loan syndicates are like teams that work together to minimize problems in the loan process. The way these teams are structured can be influenced by the banking environment in different countries. Factors like how competitive the banking market is, how well the financial system is developed, and how strict banking regulations are can all affect how these teams are set up. A study looked at data from 24 countries over 15 years and found that the way loan syndicates are structured is indeed influenced by the banking environment. This helps to reduce costs and make the loan process more efficient.