TY - UNPB
T1 - Bank Financing for SMEs
T2 - Evidence Across Countries and Bank-Ownership Types
AU - Beck, T.H.L.
AU - Demirgüc-Kunt, A.
AU - Martinez Peria, M.
N1 - This is also CentER Discussion Paper 2009-71
Pagination: 30
PY - 2009
Y1 - 2009
N2 - Using data for 91 large banks from 45 countries, this paper finds few differences in the extent, type, and pricing of SME loans across foreign, private, and government-owned banks, even though different bank ownership types apply different lending technologies and have different organizational structures. Instead, we find significant differences across banks in developed and developing countries, driven by differences in the economic, institutional, and legal environment, as opposed to by differences in lending technologies and organizational structures. Finally, the link between lending technologies, organizational structures, and SME financing is not consistent with the conventional view that SME lending is based on “relationship lending”.
AB - Using data for 91 large banks from 45 countries, this paper finds few differences in the extent, type, and pricing of SME loans across foreign, private, and government-owned banks, even though different bank ownership types apply different lending technologies and have different organizational structures. Instead, we find significant differences across banks in developed and developing countries, driven by differences in the economic, institutional, and legal environment, as opposed to by differences in lending technologies and organizational structures. Finally, the link between lending technologies, organizational structures, and SME financing is not consistent with the conventional view that SME lending is based on “relationship lending”.
KW - Small and Medium Enterprises
KW - Bank Ownership
KW - Lending Technology
KW - Access to Finance
M3 - Discussion paper
VL - 2009-20
T3 - EBC Discussion Paper
BT - Bank Financing for SMEs
PB - EBC
CY - Tilburg
ER -