Journal Article
Banking Trends: Measuring Cov-Lite Right
Abstract: More business loans today lack traditional covenants governing borrowers. Does that leave banks with fewer tools to ward off default?
Keywords: banks; business loans; banking;
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File(s): File format is application/pdf https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/economic-insights/2018/q3/bt-cov_lite.pdf
Authors
Bibliographic Information
Provider: Federal Reserve Bank of Philadelphia
Part of Series: Economic Insights
Publication Date: 2018-07
Volume: 3
Issue: 3
Pages: 1-8