The large N limit of extremal non-supersymmetric Type-I five-dimensional st
ring black holes is studied from the point of view of D-branes, We find tha
t the agreement between the D-brane and the black-hole picture is due to an
asymptotic restoration of supersymmetry in the large N limit in which both
pictures are compared. In that limit Type-I string perturbation theory is
effectively embedded into a Type-IIB perturbation theory with unbroken supe
rsymmetric charges whose presence guarantees the non-renormalization of mas
s and entropy as the effective couplings are increased. In this vein, we al
so study the near-horizon geometry of the Type-I black hole using D5-brane
probes to find that the low-energy effective action for the probe is identi
cal to the corresponding one in the auxiliary Type-IIB theory in the large
N limit. (C) 1999 Elsevier Science B.V.