We analyze the causal effect of the credit supply shock to banks induced by interbank market disruptions in the recent …

them to access finance through traditional means. The current economic environment has brought SME needs into particular … focus given the significantly tightened credit supply conditions arising from the reduced ability and willingness of banks …

of these enterprises is their difficulty in accessing finance from banks and other financial institutions. The Credit … is a credit guarantee program initiated by the Bangko Sentral ng Pilipinas that enables enterprises and cooperatives to …