Click here for search results
Bank involvement with SMEs : beyond relationship lending, Volume 1
Author:de la Torre, Augusto; Martinez Peria, Maria Soledad; Schmukler , Sergio L.; Country:Latin America; World;
Date Stored:2008/06/18Document Date:2008/06/01
Document Type:Policy Research Working PaperSubTopics:Banks & Banking Reform; Access to Finance; ; Financial Intermediation; Debt Markets
Language:EnglishMajor Sector:Financial Sector
Rel. Proj ID:6L-Sme Finance -- -- P104001;Region:Latin America & Caribbean; The World Region
Report Number:WPS4649Sub Sectors:General finance sector
Collection Title:Policy Research working paper ; no. WPS 4649Volume No:1

Summary: The "conventional wisdom" in academic and policy circles argues that, while large and foreign banks are generally not interested in serving SMEs, small and niche banks have an advantage in doing so because they can overcome SME opaqueness through relationship lending. This paper shows that there is a gap between this view and what banks actually do. Banks perceive SMEs as a core and strategic business and seem well positioned to expand their links with SMEs. The recent intensification of bank involvement with SMEs in various emerging markets documented in this paper is neither led by small or niche banks nor highly dependent on relationship lending. Rather, all types of banks are catering to SMEs and larger, multiple-service banks have in fact a comparative advantage in offering a wide range of products and services on a large scale, through the use of new technologies, business models, and risk management systems.

Official Documents
Official, scanned versions of documents (may include signatures, etc.)
File TypeDescriptionFile Size (mb)
PDF 75 pagesOfficial version*5.25 (approx.)
TextText version**
How To Order

See documents related to this project
* The official version is derived from scanning the final, paper copy of the document and is the official,
archived version including all signatures, charts, etc.
** The text version is the OCR text of the final scanned version and is not an accurate representation of the final text.
It is provided solely to benefit users with slow connectivity.

Permanent URL for this page:

© 2016 The World Bank Group, All Rights Reserved. Legal