Kreditgewerbe bei. „Kein Kredit ohne Rating“ wird so zur Grundregel, auf die sich die Unternehmen einstellen müssen. Basel II räumt … loans. As a result, companies will have to learn to live with a new rule: “No credit without a rating”. Basle II allows …

). Key contributions are the use of a unique data set of SME lending by over 400 German banks and relating systematic risk to …, conditional on the respective rating category. We also compare the size of this effect with the capital relief that has been … granted in Basel II for SMEs relative to large firms. For SME loans in the corporate portfolio of the Internal Ratings …