19 Results Found

Bank lending to SMEs plays a vital role in economic growth, contributing significantly to employment and GDP. Access to bank lending is crucial for small- and medium-sized enterprises (SMEs), as they contribute significantly to global employment and...

This study, which investigates the impact of foreign bank entry on the efficiency and sustainability of domestic banks in developing countries using a meta-frontier analysis to estimate efficiency scores, presents findings of significant importance t...

Several governments use the Credit Guarantee Schemes to ease SMEs’ access to funding and support their growth and survival. This paper suggests a lending guarantee technology based on risk sharing through a de facto shareholding agreement to co...

Due to limited guarantees, it is difficult for small and medium-sized enterprises (SMEs) to obtain loans from banks. Supply chain accounts-receivable pledge financing (SCARPF) can help in overcoming those financing difficulties. This study developed...

Small and micro enterprises (SMEs) play a significant role in the market economy. While online lending has brought financial inclusion for SMEs’ borrowers, it has also increased the default risk, which restricts the normative development of onl...

This paper examines the regional dimension of monetary policy transmission through the component of the bank lending channel in Indonesia. Understanding the effectiveness of this transmission channel at a regional level is crucial, given the diverse...

SMEs constitute the backbone of the Syrian economy and have suffered manifold challenges due to the continuous Syrian war. COVID-19 added further pressures on Syrian SMEs and forced them to take certain adaptation strategies to survive. This paper ai...

This study lends new insights into the hitherto-unexplored relationship between entrepreneurial thinking and the sustainability of small and medium-sized enterprises (SMEs) in Iran, mediated by social media. The goal was to investigate the effect of...

This paper shows how to improve the measurement of credit scoring by means of factor clustering. The improved measurement applies, in particular, to small and medium enterprises (SMEs) involved in P2P lending. The approach explores the concept of fam...

In order to develop the real economy and solve the problems of enterprise financing and lending, banks should increase their support for SMEs (small and medium-sized enterprises). The People’s Bank of China introduced two direct monetary policy...

What characteristics of fintech lending platforms improve access to funding and increase financial inclusion? We build a computational model of platform lending that is used to study the endogenous loan network formation process on the platform. Give...

This paper examines the combination of traditional banking credit assessment techniques with contemporary internal sales accounting systems in Kazakhstan, aiming to augment the precision and resilience of financial assessments pertaining to SMEs. The...

The modern credit market is actively changing under the influence of digitalization processes. Some of the drivers of these changes are financial companies that carry out, among other things, online lending. Online lending is objectively focused on s...

We investigate the default probability, recovery rates and loss distribution of a portfolio of securitised loans granted to Italian small and medium enterprises (SMEs). To this end, we use loan level data information provided by the European DataWare...

In this paper, we analyzed the role of credit consortia in supporting SMEs of the Italian region of Sardinia around and during the SARS-CoV-2 pandemic crisis. Credit consortia (or credit guarantee schemes) are financial companies whose institutional...

China’s retail industry faces unique challenges in supply chain financing, particularly for small and medium-sized enterprises (SMEs) that often struggle to secure loans due to insufficient credit ratings and collateral in the business environm...

Small and Medium Enterprises (SMEs) are vital to economic growth, innovation, and job creation across Sub-Saharan Africa (SSA). Women entrepreneurs are key contributors to this sector, yet they face persistent barriers to accessing finance, which con...

The European Central Bank (ECB) engaged in an expanded asset purchase programme (APP) from 2014 to 2018 to help achieve their primary objective of price stability. Total assets purchased over this period was over €2.5 trillion and new net purcha...

Funding shortages are a persistent issue, particularly for small and medium-sized enterprises (SMEs), and the problem tends to worsen cyclically. The market for factoring and invoice discounting aims to address delays in payment for commercial invoic...