, while cross-country studies point mostly to a positive relationship between competition and stability in the banking system …. Where liberalization and unfettered competition have resulted in fragility, this has been mostly the consequence of … regulatory and supervisory failures. The advantages of competition for an efficient and inclusive financial system are strong …

in bank-based SME lending -- 3 The German banking system: methods and case descriptions -- 3.1 Methodology -- 3.2 The … German banking system -- 3.3 Selection and description of bank cases -- 4 SME credit decision making of savings versus big … -- Preface -- Acknowledgements -- List of abbreviations -- 1 Introduction -- 1.1 The geography of finance and SME lending -- 1 …

enterprises and the constraints to SME financing remain the main topic of policy discussion today. Against this background, the … success of microfinance around the world, a large number of commercial banks have made a profitable business out of this … sector. This paper explores various business models by commercial banks in microfinance and provides policy implications for …