Small- and medium-size enterprise financing in Eastern Europe

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Finance, Development Research Group, World Bank , Washington, D.C
Small business -- Europe, Eastern -- Finance., New business enterprises -- Europe, Eastern -- Fin

Places

Europe, Ea

StatementLeora F. Klapper, Virginia Sarria-Allende, and Victor Sulla.
SeriesPolicy research working paper ;, 2933, Policy research working papers (Online) ;, 2933.
ContributionsSarria-Allende, Virginia., Sulla, Victor., World Bank. Development Research Group. Finance.
Classifications
LC ClassificationsHG3881.5.W57
The Physical Object
FormatElectronic resource
ID Numbers
Open LibraryOL3669716M
LC Control Number2002618305

But at the same time, these firms appear to have financial constraints that impede their access to long-term financing and ability to grow.

This paper--a product of Finance, Development Research Group--is part of a larger effort in the group to better understand small- and medium-size enterprise financing. Small- and Medium-Size Enterprise Financing in Eastern Europe. c b. Tweet Like Share # Shares: 0. Download. English PDF the SMEs in Eastern Europe are generally small and hire few employees.

However, SMEs seem to constitute the most dynamic sector of the Eastern European economies, relative to large firms. Small- and Medium-Size. Small and medium size enterprise financing in Eastern Europe (English) Abstract.

There is currently a large interest in understanding firms' access to finance, particularly in the financing of small- and medium-size enterprises (SMEs).

But the financing patterns of SMEs across countries is not well understood. For example, little Cited by: There is currently a large interest in understanding firms' access to finance, particularly in the financing of small- and medium-size enterprises (SMEs). But the financing patterns of SMEs across countries is not well by: Small- and Medium-Size Enterprise Financing in Eastern Europe Development Research Group - is part of a larger effort in the group to better understand small- and medium-size enterprise financing.

Suggested Citation: Suggested Citation. Klapper, Leora F. and Sarria-Allende, Virginia and Sulla, Victor, Small- and Medium-Size Enterprise Cited by: Small- and Medium-Size Enterprise Financing in Eastern Europe.

Article (PDF Available) A Firm-Level Analysis of Small and Medium Size Enterprise Financing in Poland. January Small- and Medium-Size Enterprise Financing in Eastern Europe Leora F.

Description Small- and medium-size enterprise financing in Eastern Europe FB2

Klapper Development Research Group The World Bank H Street, NW Washington, DC () [email protected] Virginia Sarria-Allende Columbia Business School Broadway New York, NY () [email protected] Victor Sulla. Get this from a library.

Small- and medium-size enterprise financing in Eastern Europe. [Leora Klapper; Virginia Sarria-Allende; Victor Sulla; World Bank. Development Research Group. Finance.] -- There is currently a large interest in understanding firms' access to finance, particularly in the financing of small- and medium-size enterprises (SMEs).

Downloadable. There is currently a large interest in understanding firms'access to finance, particularly in the financing of small- and medium-size enterprises (SMEs).

But the financing patterns of SMEs across countries is not well understood. For example, little is known about the relative importance of equity, debt, and inter-firm financing for SMEs across countries. TACKLING SMALL AND MEDIUM SIZED ENTERPRISE PROBLEM LOANS IN EUROPE INTERNATIONAL MONETARY FUND 7 0 10 20 30 40 50 60 70 80 0 10 20 30 40 50 60 70 80 CY GR IE SI PT IT ES EA MT LV AT LT EE DE SK BE LU FR NL FI Source: ECB Comprehensive Assessment.

Figure 2. Post-AQR Nonperforming Exposures (Percent) 0 50. The expansion of small and medium-sized enterprises (SMEs) is crucial for inclusive growth and poverty reduction. SMEs’ access to finance can be improved not only through credit institutions, but also leasing, credit guarantees, factoring, insurance companies, and capital markets.

Financing small and medium-size enterprises with factoring: global growth and its potential in eastern Europe (English) Abstract.

Factoring is a form of asset-based finance where the credit is extended based on the value of the borrower's accounts by:   This study investigates financing patterns of European SMEs by looking at a large number of different financing instruments and their complementary and substitutive effects, using the SAFE dataset collected in We develop an empirical taxonomy of SME financing patterns in Europe to analyse SME financing, applying cluster : Christian Masiak, Alexandra Moritz, Frank Lang.

Economic Transition in Central and Eastern Europe (Centre for the Study of Emerging Markets Series): Economics Books @   Small and medium-sized enterprises (SMEs) are seen as the engine of economic growth and employment creation in the Caribbean, as in other parts of the world.

This study explores the difficulties such enterprises have in accessing long-term financing and how these could be overcome. addition, in their study of small businesses financing using a sample of 60 SMEs across three cities in China, Wu et al. () found evidence supportin g the business life cycle model.

role of small and medium enterprises in job creation and economic growth. However the lack of consistent indicators at the country level restricts extensive cross-country analyses of lending to small and medium enterprises.

This paper introduces a new dataset to fill this gap in the small and medium enterprise data Size: KB. Small and medium size enterprises (SMEs) remain the backbone of Europe’s economic activity.

While cross-country variation is relatively high, SMEs on aggregate account for about 99 percent of the total number of enterprises in the EU with an estimated share of 58 percent and 66 percent in the EU non-financial business sector’s value.

Small and medium-sized enterprises (SMEs) are often referred to as the backbone of the European economy, providing a potential source for jobs and economic growth.

SMEs are defined by the European Commission as having less than persons employed. They should also have an annual turnover of up to EUR 50 million, or a balance sheet total of no more than EUR 43.

Bank Financing to Small and Medium Enterprises in East Africa: Findings of a Survey In Kenya, Tanzania, Uganda and Zambia Pietro Calice, Victor M. Chando and Sofiane Sekioua1 1 Pietro Calice and Sofiane Sekioua are Principal Investment Officer and Senior Investment Officer, respectively, at the African Development Size: 1MB.

Small- and Medium-Size Enterprise Finance; Small- and Medium-Size Enterprise Finance. Overview. To achieve an effective balance between facilitating the delivery of needed capital to small- and medium-sized enterprises (SMEs) with the basic transparency and investor protection needs of small investors, effective regulation is imperative.

"Financing small and medium-size enterprises with factoring: global growth and its potential in eastern Europe," Policy Research Working Paper SeriesThe World Bank. Klapper, Leora, "The role of factoring for financing small and medium enterprises," Journal of Banking & Finance, Elsevier, vol.

Download Small- and medium-size enterprise financing in Eastern Europe FB2

30(11), pages: Ebes Esho, Grietjie Verhoef. The majority of firms in the dataset are privately owned, young, micro or small and medium enterprise (SME) firms concentrated in the service sector. In general, the financing pattern of firms is low leverage ratios and, in particular, low levels of Cited by: Tackling Small and Medium Enterprise Problem Loans in Europe.

by Wolfgang Mr. Bergthaler,Kenneth Mr. Kang,Yan Ms. Liu,Dermot Mr. Monaghan. IMF Staff Discussion Notes (Book 15) Thanks for Sharing. You submitted the following rating and review. We'll publish them on our site once we've reviewed : INTERNATIONAL MONETARY FUND. Keywords: small and medium sized enterprises SMEs, financing 1.

Introduction The availability of finance has been highlighted as a major factor in the development, growth and successfulness of SMEs (Ou & Haynes, ; Cook, ).

Financing. Economic Transition in Central and Eastern Europe.

Details Small- and medium-size enterprise financing in Eastern Europe FB2

Editors: Motamen-Samadian, S. (Ed IRODA AZIZOVA Head of Small and Medium size Enterprise Financing Department, Uzpromstroybank, and Visiting Lecturer, Westminster International University, Tashkent State Technical University, Uzbekistan BALAZS EGERT Researcher, Oesterreichsiche Nationalbank.

THE ACCESS OF SMALL AND MEDIUM SIZE ENTERPRISES TO BANKING FINANCING AND CURRENT CHALLANGES: THE CASE OF EU COUNTRIES Angela Roman1 Valentina Diana Rusu2 ABSTRACT: Bank loans are a vital resource for SMEs financing because of the reduced possibilities of these firms to find alternative sources of financing.

In the context of the current. for SME financing in Europe. It is built on three financing sources for which there is a sufficient amount of quality data available: loans, credit and leasing, and equity finance.

An indicator reflecting macroeconomic conditions5 is also included. The results forplusandare presented in the graph Size: KB. Transition from a centrally planned economy to a market economy has proved to be an enormous challenge.

Differences exist between individual countries regarding the scale and efficiency of the reform process and the types and levels of socio-economic development for entrepreneurial ventures.

The objective of this study is to examine differences and similarities Cited by: small- and medium-sized enterprise finance in africa 5 financial systems on the continent, 34 percent of enter- prises have a formal bank loan, while in Burundi, with a. Historical Financing of Small- and Medium-Size Enterprises R.

Cull, L. Davis, N. Lamoreaux, J.-L. Rosenthal 1. Introduction The size distribution of firms in today’s developed economies is very different from that in developing ones.

In the poorest countries, on average almost two thirds of.Read the full-text online edition of A Comparison of Small and Medium Sized Enterprises in Europe and in the USA: European Capital Markets Insutute (). Home» Browse» Books» Book details, A Comparison of Small and Medium Sized.‘firms practically always begin as very small entities, with low amounts of capital drawn from the savings of the owner or borrowings from friends and relatives; initial levels of employment are low, typically less than a dozen, though the figure varies with the nature of the business; the social and occupational backgrounds of the owners varies greatly; and the firms that expand into medium.