20.500.12556/RUL-179571 When faced with reality how extreme weather events influence bank lending We combine precise geolocation data on firms with detailed loan-level information to examine how an extreme weather event influences banks’ perceptions of climate-related risks. We focus on the severe flooding that occurred in Slovenia in August 2023 and analyse changes in the borrowing terms offered to firms situated in flood-prone areas that were not directly affected by the disaster. We find that banks revise their assessment of climate risk following the flood, as evidenced by tighter lending conditions for exposed firms. Specifically, high-risk firms experience a decline in outstanding loan amounts and an increase in borrowing costs. We also find some evidence that the impact is more pronounced for loans with short maturity and no collateral and less pronounced for firms with a relationship with a single bank. climate change risk management banking policy bank lending floods borrowing conditions climate risks extreme weather events podnebne spremembe obvladovanje tveganj bančna politika true false true Angleški jezik Slovenski jezik Članek v reviji 2026-02-17 12:25:36 2026-02-17 12:28:21 2026-06-16 11:28:56 0000-00-00 00:00:00 2026 0 0 22 str. art. 103148 Vol. 81 Jan. 2026 0000-00-00 Zaloznikova Objavljeno NiDoloceno 0000-00-00 0000-00-00 0000-00-00 336.71 0275-5319 10.1016/j.ribaf.2025.103148 251455491 1-s2.0-S0275531925004040-main.pdf 1-s2.0-S0275531925004040-main.pdf 1 75871D5E370E1D475C9817BFB6944D7E a58a38bc4ba3de268aca3e05e520ae25801093568f04ca74e0e960a97a170dea 6eeda59c-0bf3-11f1-a1ba-0050569b8976 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=228200 https://www.sciencedirect.com/science/article/pii/S0275531925004040 0 6652478d-0bf3-11f1-a1ba-0050569b8976 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=228199 Ekonomska fakulteta 0 0 0