---
_id: '4586'
abstract:
- lang: eng
  text: 'This study examines the loan-pricing behavior of German banks for a large
    variety of retail and corporate loan products. We find that a bank’s operational
    efficiency is priced in bank loan rates and alters interest-setting behavior.
    Specifically, we establish that a higher degree of operational efficiency leads
    to lower loan markups, which makes prices more competitive and smoothes the setting
    of interest rates. By employing state-of-the-art stochastic frontier efficiency
    measures to capture a bank’s operational efficiency, we take a look at the bank
    customers’ perspective and demonstrate the extent to which bor-rowers benefit
    from cost-efficient banking. '
article_type: letter_note
author:
- first_name: Tobias
  full_name: Schlueter, Tobias
  last_name: Schlueter
- first_name: Ramona
  full_name: Busch, Ramona
  last_name: Busch
- first_name: Soenke
  full_name: Sievers, Soenke
  last_name: Sievers
- first_name: Thomas
  full_name: Hartmann-Wendels, Thomas
  last_name: Hartmann-Wendels
citation:
  ama: 'Schlueter T, Busch R, Sievers S, Hartmann-Wendels T. Loan Pricing: Do Borrowers
    Benefit from Cost-Efficient Banking? <i>Credit and Capital Markets--Kredit und
    Kapital</i>. 2016;49(1):93-125. doi:<a href="https://doi.org/10.3790/ccm.49.1.93">10.3790/ccm.49.1.93</a>'
  apa: 'Schlueter, T., Busch, R., Sievers, S., &#38; Hartmann-Wendels, T. (2016).
    Loan Pricing: Do Borrowers Benefit from Cost-Efficient Banking? <i>Credit and
    Capital Markets--Kredit Und Kapital</i>, <i>49</i>(1), 93–125. <a href="https://doi.org/10.3790/ccm.49.1.93">https://doi.org/10.3790/ccm.49.1.93</a>'
  bibtex: '@article{Schlueter_Busch_Sievers_Hartmann-Wendels_2016, title={Loan Pricing:
    Do Borrowers Benefit from Cost-Efficient Banking?}, volume={49}, DOI={<a href="https://doi.org/10.3790/ccm.49.1.93">10.3790/ccm.49.1.93</a>},
    number={1}, journal={Credit and Capital Markets--Kredit und Kapital}, author={Schlueter,
    Tobias and Busch, Ramona and Sievers, Soenke and Hartmann-Wendels, Thomas}, year={2016},
    pages={93–125} }'
  chicago: 'Schlueter, Tobias, Ramona Busch, Soenke Sievers, and Thomas Hartmann-Wendels.
    “Loan Pricing: Do Borrowers Benefit from Cost-Efficient Banking?” <i>Credit and
    Capital Markets--Kredit Und Kapital</i> 49, no. 1 (2016): 93–125. <a href="https://doi.org/10.3790/ccm.49.1.93">https://doi.org/10.3790/ccm.49.1.93</a>.'
  ieee: 'T. Schlueter, R. Busch, S. Sievers, and T. Hartmann-Wendels, “Loan Pricing:
    Do Borrowers Benefit from Cost-Efficient Banking?,” <i>Credit and Capital Markets--Kredit
    und Kapital</i>, vol. 49, no. 1, pp. 93–125, 2016.'
  mla: 'Schlueter, Tobias, et al. “Loan Pricing: Do Borrowers Benefit from Cost-Efficient
    Banking?” <i>Credit and Capital Markets--Kredit Und Kapital</i>, vol. 49, no.
    1, 2016, pp. 93–125, doi:<a href="https://doi.org/10.3790/ccm.49.1.93">10.3790/ccm.49.1.93</a>.'
  short: T. Schlueter, R. Busch, S. Sievers, T. Hartmann-Wendels, Credit and Capital
    Markets--Kredit Und Kapital 49 (2016) 93–125.
date_created: 2018-10-09T09:04:17Z
date_updated: 2022-01-06T07:01:14Z
department:
- _id: '275'
doi: 10.3790/ccm.49.1.93
intvolume: '        49'
issue: '1'
jel:
- G21
- G28
keyword:
- interest rate pass-through models
- error correction models
- bank efficiency
- cost efficiency
- stochastic frontier analysis
language:
- iso: eng
page: 93-125
publication: Credit and Capital Markets--Kredit und Kapital
publication_status: published
status: public
title: 'Loan Pricing: Do Borrowers Benefit from Cost-Efficient Banking?'
type: journal_article
user_id: '64756'
volume: 49
year: '2016'
...