We investigate whether loan growth affects the riskiness of banks in 14 major western countries under "regular conditions". Using Bankscope data from more than 10,000 individual banks during 1997-2005, we test three hypotheses on the relation between past loan growth and loan losses, bank profitability, and bank solvency. Our empirical evidence supports the view that loan growth leads to a peak in loan loss provisions three years later, to a decrease in relative interest income, and to lower capital ratios. Further analyses reveal that loan growth also has a negative impact on risk-adjusted interest income. These results suggest that loan growth represents an important driver of bank risk