... bank loan portfolio, we expect to find adecline in profitability as well as an increase in loan loss provisions as the crisis unfolds, so wealso examine the evolution of loan loss provisions ... instead, is that, once the macroeconomic outlook improves, firms are able to "economize" on bank credit by switching to other sources of funding, such as suppliers' credit,internal ... ratio of deposits to assets as well as the rate of growth of real deposits. Another important issue iswhether bank distress led to a fall in bank lending, so we examine the growth rate of total...