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evidence that: (1) fees are used to Price options embedded in loan contracts such as the draw-down option for credit lines and … the cancellation option in term loans; and (2) fees are used to screen borrowers about the likelihood of exercising these …
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Small and medium-sized enterprises (SMEs) are the backbone of most Asian economies. The main obstacle to the development of the SME sector is the lack of stable finance. Considering the bank-dominated characteristic of economies in Asia, banks are the main source of financing, and the lack of a...
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that: (1) fees are used to price options embedded in loan contracts such as the drawdown option for credit lines and the … cancellation option in term loans, and (2) fees are used to screen borrowers based on the likelihood of exercising these options …
Persistent link: https://www.econbiz.de/10013036334
evidence that: (1) fees are used to price options embedded in loan contracts such as the draw-down option for credit lines and … the cancellation option in term loans; and (2) fees are used to screen borrowers about the likelihood of exercising these …
Persistent link: https://www.econbiz.de/10012936283
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Small and medium-sized enterprises (SMEs) are the backbone of the Asian economy. They make up more than 96% of all Asian businesses that provide two out of three private sector jobs in the continent. Therefore, it is vitally important for the Asian economies' economic success that they have...
Persistent link: https://www.econbiz.de/10011697478