2016-08-032016-08-032016-08-032016-08-03https://repositorio.banrep.gov.co/handle/20.500.12134/6264This paper tests the importance of the financial structure of banks in the bank lending channel of monetary policy transmission in Colombia, using an unbalanced panel of 51 banks for the period of 1996:4-2014:8. We find that an increase in the interbank rPDFspaOpen AccessThe bank lending channel of monetary policy : does the financial structure of banks matterWorking PaperE59 - Monetary Policy, Central Banking, and the Supply of Money and Credit: OtherE5 - Monetary Policy, Central Banking, and the Supply of Money and CreditE52 - Monetary PolicyG21 - Banks; Depository Institutions; Micro Finance Institutions; MortgagesMonetary policy transmissionBank lending channelBank financial structureSolvencyHeterogeneous effectsColombiaMecanismos de transmisión monetaria -- Colombia -- 1996-2014Bancos -- Colombia -- 1996-2014Instituciones financieras -- Colombia -- 1996-2014Préstamos bancarios -- Colombia -- 1996-2014Acceso abiertoAtribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0E5 - Política monetaria, bancos centrales, oferta de dinero y créditoG21 - Bancos; Instituciones de depósito; Instituciones Microfinancieras; HipotecasE52 - Política monetariaE59 - Política monetaria, bancos centrales, oferta de dinero y crédito: OtrosLas opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.https://hdl.handle.net/20.500.12134/6264