This study investigates the relationship between network centrality and loan pricing in the syndicated loan market, using monthly inter-bank networks from 2000 to 2020. Our findings show that higher network centrality is associated with higher realized volatility of banks during global financial crises, suggesting interbank networks reflect exogenous shocks. Additionally, a positive and significant relationship exists between a lender’s degree centrality and loan spreads, indicating banks with higher network exposure charge higher interest rates, reflecting a risk-return trade-off. Our research contributes to understanding bank-firm matching mechanisms and highlights the importance of complex network relationships in assessing bank quality and risk.