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We examine the effects of a mandated credit program to small and medium enterprises in the Philippines (Magna Carta Law) using a panel dataset compiled from official data published by the Bangko Sentral ng Pilipinas. The final sample of 109 financial institutions represented over 90% of total...
Persistent link: https://www.econbiz.de/10011386728
negatively affected the portfolio balance of new microcredits and loans to SMEs granted by MFIs. Particularly, we find robust …
Persistent link: https://www.econbiz.de/10012285081
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medium-sized enterprises (SMEs) to Azerbaijan's economy, their access to finance, and the role of value chains in ensuring … financing. The paper preparation process has shown that SMEs mainly benefit from bank loans, whereas there are some …, but the effectiveness of this move is insufficient. This paper comprises eight sections: The contribution of SMEs to …
Persistent link: https://www.econbiz.de/10012024505
We provide evidence that commercial lenders in Peru free ride off their peer's screening efforts. Leveraging a discontinuity in the loan approval process of a large bank, we find competing lenders responded to additional loan approvals by issuing approvals of their own. Competing lenders...
Persistent link: https://www.econbiz.de/10012177540
strengthening financial education in schools. To foster entrepreneurship and access to funding for start-ups and innovative SMEs …
Persistent link: https://www.econbiz.de/10010532087
beyond conventional bank lending is another key policy pillar to better serve various financing needs of SMEs and expand … their financial accessibility. The rapid growth of emerging Asia is generating SMEs' long-term funding needs and requires … importance of promoting long-term financing for SMEs in the context of investment. The development of capital markets that SMEs …
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