Small and medium-sized enterprises (SMEs) are widespread all around the world and represent more than 90% of the total enterprises on most of the places. These enterprises play a key role for the economic development, through the new employment opportunities and the producing of goods and...

The main role of any financial system is to help transfer funds from savers to borrowers by increasing consumption and investment in the economy. If a financial system is efficient, then it should show improvements in profit, increasing the volume of flow of funds into the economy and providing...