Bank Financing for SMEs: Evidence Across Countries and Bank Ownership Types

被引:0
作者
Thorsten Beck
Asli Demirgüç-Kunt
María Soledad Martínez Pería
机构
[1] Tilburg University,CentER, Department of Economics
[2] World Bank,undefined
来源
Journal of Financial Services Research | 2011年 / 39卷
关键词
Bank financing; Small and medium-sized enterprises; Small and medium-size enterprises; Business environment; Financing constraints; Lending techniques; G21; G30;
D O I
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中图分类号
学科分类号
摘要
Using data for 91 large banks from 45 countries, this paper finds that foreign, domestic private, and government-owned banks use different lending technologies and organizational structures for SME financing. The extent, type, and pricing of SME loans, however, is not strongly correlated with lending technologies and organizational structures, suggesting that SME financing need not be based only on “relationship lending”. Consistent with these results, we find few significant differences in the extent, type, and pricing of SME loans across bank types. Instead, we find significant differences across developed and developing countries, driven by differences in the institutional and legal environment.
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页码:35 / 54
页数:19
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