---
_id: '20867'
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 borrowers benefit from
    cost-efficient banking.
article_type: original
author:
- first_name: Sönke
  full_name: Sievers, Sönke
  id: '46447'
  last_name: Sievers
- first_name: Tobias
  full_name: Schlüter, Tobias
  last_name: Schlüter
- first_name: Ramona
  full_name: Busch, Ramona
  last_name: Busch
- first_name: Thomas
  full_name: Hartmann-Wendels, Thomas
  last_name: Hartmann-Wendels
citation:
  ama: 'Sievers S, Schlüter T, Busch R, Hartmann-Wendels T. Loan Pricing: Do Borrowers
    Benefit from Cost-Efficient Banking? <i> Credit and Capital Markets – Kredit und
    Kapital (VHB-JOURQUAL 4 Ranking C)</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: 'Sievers, S., Schlüter, T., Busch, R., &#38; Hartmann-Wendels, T. (2016). Loan
    Pricing: Do Borrowers Benefit from Cost-Efficient Banking? <i> Credit and Capital
    Markets – Kredit Und Kapital (VHB-JOURQUAL 4 Ranking C)</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{Sievers_Schlüter_Busch_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 (VHB-JOURQUAL
    4 Ranking C)}, author={Sievers, Sönke and Schlüter, Tobias and Busch, Ramona and
    Hartmann-Wendels, Thomas}, year={2016}, pages={93–125} }'
  chicago: 'Sievers, Sönke, Tobias Schlüter, Ramona Busch, and Thomas Hartmann-Wendels.
    “Loan Pricing: Do Borrowers Benefit from Cost-Efficient Banking?” <i> Credit and
    Capital Markets – Kredit Und Kapital (VHB-JOURQUAL 4 Ranking C)</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: 'S. Sievers, T. Schlüter, R. Busch, and T. Hartmann-Wendels, “Loan Pricing:
    Do Borrowers Benefit from Cost-Efficient Banking?,” <i> Credit and Capital Markets
    – Kredit und Kapital (VHB-JOURQUAL 4 Ranking C)</i>, vol. 49, no. 1, pp. 93–125,
    2016, doi: <a href="https://doi.org/10.3790/ccm.49.1.93">10.3790/ccm.49.1.93</a>.'
  mla: 'Sievers, Sönke, et al. “Loan Pricing: Do Borrowers Benefit from Cost-Efficient
    Banking?” <i> Credit and Capital Markets – Kredit Und Kapital (VHB-JOURQUAL 4
    Ranking C)</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: S. Sievers, T. Schlüter, R. Busch, T. Hartmann-Wendels,  Credit and Capital
    Markets – Kredit Und Kapital (VHB-JOURQUAL 4 Ranking C) 49 (2016) 93–125.
date_created: 2021-01-05T11:30:36Z
date_updated: 2026-04-09T08:15:05Z
department:
- _id: '275'
doi: 10.3790/ccm.49.1.93
intvolume: '        49'
issue: '1'
jel:
- G21
- G28
language:
- iso: eng
main_file_link:
- url: https://elibrary.duncker-humblot.com/journals/id/33/vol/49/iss/1330/art/5420/
page: 93-125
publication: ' Credit and Capital Markets – Kredit und Kapital (VHB-JOURQUAL 4 Ranking
  C)'
publication_status: published
status: public
title: 'Loan Pricing: Do Borrowers Benefit from Cost-Efficient Banking?'
type: journal_article
user_id: '115848'
volume: 49
year: '2016'
...