Big Banks in Turkey Thrive Despite Monetary Policy Shocks
The article investigates how banks in Turkey changed their lending behavior after 2010 by analyzing bank data from 2011 to 2018. The researchers found that traditional bank lending methods did not work, but using certain interest rates as indicators did affect credit supply. Larger banks were better at continuing to lend during monetary policy changes, suggesting they have more funding options. The study shows that different monetary policy tools can impact how banks lend money in Turkey.