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Abstract: Die steigende Anzahl von Unternehmensinsolvenzen hat in den vergangenen Jahren den Wertberichtigungsbedarf der Kreditinstitute ansteigen lassen und die Notwendigkeit einer aktiven Kreditrisikosteuerung verdeutlicht. Während es längst selbstverständlich ist, Zinsänderungs- und...
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significant as savings banks in Germany, at least not for SME finance. Notwithstanding recent initiatives to create a common … uneven, particularly with respect to the degree of geographical concentration. Whereas decentralisation increased in Germany … banks in Germany further increased their market share in firm financing. …
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By lending to SMEs at low geographical distance, banks can realise competitive advantage due to enhanced access to soft information that allows the better screening of firms. As especially regional banks lend at a low distance, the decentralised German banking system is deemed ideal for SME...
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