Small businesses (SMEs) depend on banks for credit. We show that the severity of the Eurozone crisis was worse in … banks while foreign banks' lending to the real sector stayed flat. Hence, SMEs remained dependent on domestic banks and were … sectors and countries with many SMEs vulnerable to global banking shocks. …

Small and medium enterprises (SMEs) are important for employment and economic activity; however, they are perceived to … more willing to lend to SMEs. In this paper, we directly ask banks (the main providers of SME external finance) what … factors they perceive as drivers and obstacles to financing SMEs. We also study to what degree competition and the …

medium enterprises (SMEs) in Kenya. All participants in a business training program are offered training. One-third of … time lag may reduce knowledge retention and application by SMEs, concurrent access to loans and associated business … intention-to-treat and treatment-on-the-treated estimates. While SMEs in both Control and Delayed Loan groups improve their …

Cash holdings at the onset of a financial crisis are a key determinant of investment by SMEs not only during the crisis … but also during the recovery period. Cash-rich SMEs could maintain their capital stock during the global financial crisis …, while cash-poor rivals reduced theirs. This gave cash-rich SMEs a competitive advantage during the recovery, resulting in a …

-sized enterprises (SMEs). We conjecture that easy-to-understand risk ratings conveyed by the platform play a pronounced role in … influencing the borrowing success of SMEs and that more sophisticated financial information and adverse selection are largely …