Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad - 2016
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 …