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guarantees a portion (ratio) of a loan provided by a bank to an SME. This research provides a theoretical model and an empirical … minimizing the bank's nonperforming loans to SMEs, and at the same time fulfill the government policies for supporting SMEs. Our … on macroeconomic conditions and vary it for each bank or each group of banks based on their soundness, in order to avoid …
Persistent link: https://www.econbiz.de/10011522082
This study sheds light on small and medium-sized enterprise (SME) financing and its performance in Thailand. It elaborates on the key sources of finance existing for Thai manufacturing SMEs and their importance for SME performance as measured by technical efficiency, export performance, and...
Persistent link: https://www.econbiz.de/10011490747
By employing a sample of 20,956 observations of non-financial SMEs headquartered in the Euro area, between 2009 and 2015, we test whether young businesses are more likely to face credit rejections from lenders than their older peers. Our findings appear to confirm our suspicions that new...
Persistent link: https://www.econbiz.de/10011845249
We study the role of the bank-lending channel in propagating fluctuations in commodity prices to credit aggregates and … transmission of changes in international commodity prices to domestic bank lending. Identification relies on a bankspecific time …-varying measure of bank sensitivity to changes in commodity prices, based on daily data on bank stock prices. We find that a fall in …
Persistent link: https://www.econbiz.de/10011797273
their banking systems. The main bank support measures - direct capital support, removal and guarantees of bad assets, direct … manage skillfully the lifting of bank support measures. Third, I conduct stress tests of the banking systems. The stress …
Persistent link: https://www.econbiz.de/10003901398
mechanisms among their national financial supervisors. It was also a mistake to forbid the European Central Bank from operating …
Persistent link: https://www.econbiz.de/10010242041
In this current era of the fourth industrial revolution, both the negative and positive effects of financial inclusion raise the question of whether digital finance can be a solution for financial stability through attaining sustainable economic growth or not. Hence, considering the aftermath of...
Persistent link: https://www.econbiz.de/10012500541
system. As the monetary authority in Indonesia, Bank Indonesia is responsible for regulating and safeguarding the smooth and … efficient operation of the national payment system. In 2004, the bank revised the blueprint of the system, which was originally … technological development. Although Bank Indonesia expects to be able to provide equitable access and offer consumer protection …
Persistent link: https://www.econbiz.de/10003901407
electronic-based payment systems. The central bank has been playing an active role in shaping the development of payment systems …
Persistent link: https://www.econbiz.de/10003901424
New financial technologies - including those underpinning cryptocurrencies - herald broader access to the financial system, quicker and more easily verifiable settlement of transactions and payments, and lower transaction costs. Domestic and cross-border payment systems are on the threshold of...
Persistent link: https://www.econbiz.de/10012604713