this paper aims to comprehend the intrinsic limitations of the market players in the financial system and how these create a situation of `missing middle` for small and medium industries (sme) financing in bangladesh. a clear dualism prevails in the manufacturing industry of this country. while the smes maintains the biggest share in establishments and employment creation, large enterprises (le...

  One of the main problems of SMEs is how to finance their investments. The role of banks in this regard is crucial, since they can be a type of sources of financing through lending credits directly to SMEs. The key role of the paper thus relies on analyzing the effect of SMEs financing by the Iranian banking system.   The objective of this paper is to determine the influence of loans demanded...

Our paper addresses firm size as a driver of systematic credit risk in loans to small and medium enterprises (SMEs). Key contributions are the use of a unique data set of SME lending by over 400 German banks and relating systematic risk to the size dependence of regulatory capital requirements. What sets our sample apart is its comprehensive coverage of the particularly rich and well developed ...

Using credit register data for loans to Italian firms we test the presence of asymmetric information in securitization market by looking at correlation between (risk-transfer) and default (accident) probability. We can disentangle adverse selection from moral hazard component many with multiple bank relationships. find that is widespread but confined weak relationships, indicating a strong rela...

This paper examines the association between bank debt maturity and relationship lending using a unique survey sample of 3,366 SMEs from 19 European countries. The knowledge of how the institutional environment shapes relationship lending helps us to understand how current institutional changes, such as Basel II, might affect the SME-bank relationship and hence, SME access to financing. Our resu...

1. This report presents findings of a study of Bank lending to small and medium enterprises (SME) in Serbia 1. The study uses methodology developed by the Bank and already used in a number of studies in South America. The study is based on answers to standard questionnaires and detailed on-site interviews with eight banks. The interviewed banks are the most active in SME lending in Serbia and a...

The scale of the UK government's response to Covid-19 crisis after first lockdown in March 2020 was unprecedented. For business sector, two financing schemes were particularly relevant: Coronavirus Business Interruption Loan Scheme (CBILS) and Bounce Back (BBLS). Both designed support capitalization businesses through this difficult trading period. In paper, we use data covering quarters explor...

We investigate the replenishment of 102 asset-backed securities (ABS) backed by more than 1.7 million small- and medium-sized enterprise loans. Based on our extensive data set from 2012 to 2017 obtained first only central loan-level repository for ABS in Europe, we reveal that loans added securitized loan portfolios after transactions' closing perform worse are part initial portfolio. On averag...

This paper aims to comprehend the intrinsic limitations of the market players in the financial system and how these create a situation of `missing middle` for small and medium industries (SME) financing in Bangladesh. A clear dualism prevails in the manufacturing industry of this country. While the SMEs maintains the biggest share in establishments and employment creation, large enterprises (LE...