We show that a bank's knowledge of an industry developed through its loan portfolio
facilitates the bank's credit provision to other firms in that industry. This effect works beyond …

We provide evidence that bank loan supply reactions to monetary policy changes are market-
specific, emphasizing the importance of banks' local specialization. We analyze the US …

Financial intermediaries play a crucial role in the economy by facilitating the flow of funds
from savers to borrowers. Among these intermediaries, banks play a particularly significant …

This paper shows that industry specialization of loan officers facilitates monitoring synergies
and lowers credit default rates of small-and medium-sized enterprises. We exploit a wave of …