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Are Banks Still Important for Financing Large Businesses?, Volume 5, Issue 12

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Are Banks Still Important for Financing Large Businesses?, Volume 5, Issue 12

DATE: August 1999

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ABSTRACT: As more corporations turn to the securities markets to meet their funding needs, the role of banks as providers of credit to large businesses seems increasingly uncertain. But a look at developments during the financial market turmoil last fall suggests that banks are still a critical source of liquidity at times of economic stress.

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Federal Reserve Bank of New York. Research and Statistics Group. "Are Banks Still Important for Financing Large Businesses?, Volume 5, Issue 12," Current Issues in Economics and Finance (August 1999). https://fraser.stlouisfed.org/title/6879/item/627911, accessed on March 28, 2023.

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