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Introducing the topic of SME finance and summarising the main findings of the contributions to this edition of the EIB Papers, this overview stresses the importance of relationship banking for the supply of SME credit; points out the differences and similarities in the capital structure of firms...
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This paper examines whether small and mediumsized enterprises (SMEs) in Europe suffer from a structural financing …. Our results show that the sensitivity of company growth to cashflow rises as company size falls, which suggests that SMEs …
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continued at a high pace in 2000-2002; Small and medium-sized enterprises (SMEs) were contributing to credit growth at least as … their firm credit portfolio to SMEs (this is comparable to the involvement of small and medium-sized banks), and they do not …
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