Publication:
Drivers and Obstacles to Banking SMEs : The Role of Competition and the Institutional Framework

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dc.contributor.authorMartínez Pería, María Soledad
dc.contributor.authorde la Torre, Augusto
dc.contributor.authorSchmukler, Sergio L.
dc.date.accessioned2012-05-22T16:28:43Z
dc.date.available2012-05-22T16:28:43Z
dc.date.issued2008-12
dc.description.abstractThis paper studies the factors banks perceive as drivers and obstacles to financing small and medium enterprises (SMEs), focusing on the role of competition and the institutional framework. Using a survey of banks in Argentina and Chile, the paper shows that, despite alleged differences in the countries' environments regarding rules, regulations, and ease of doing business, SMEs have become a strategic segment for most banks in both countries. In particular, banks have begun to target SMEs due to the significant competition in the corporate and retail sectors. They perceive the SMEs market as highly profitable, large, and with good prospects. Moreover, banks are developing coping mechanisms to overcome the particular institutional obstacles present in each country and to compete for SMEs. Banks' interest in SMEs is not based on government programs, yet policy action might help reduce the cost of providing financing, especially long-term lending.en
dc.identifierhttp://documents.worldbank.org/curated/en/2008/12/10063846/drivers-obstacles-banking-smes-role-competition-institutional-framework
dc.identifier.doi10.1596/1813-9450-4788
dc.identifier.urihttps://hdl.handle.net/10986/6306
dc.languageEnglish
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesPolicy Research Working Paper; No. 4788
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO BANK
dc.subjectACCESS TO EXTERNAL FINANCE
dc.subjectACCESS TO FINANCE
dc.subjectACCESS TO FINANCING
dc.subjectACCESS TO INFORMATION
dc.subjectADVERTISEMENTS
dc.subjectAMOUNT OF CREDIT
dc.subjectARBITRAGE
dc.subjectARREARS
dc.subjectASYMMETRIC INFORMATION
dc.subjectBALANCE SHEETS
dc.subjectBANK CREDIT
dc.subjectBANK DEPOSITS
dc.subjectBANK EXPOSURE
dc.subjectBANK FINANCING
dc.subjectBANK INVOLVEMENT
dc.subjectBANK LENDING
dc.subjectBANK LOANS
dc.subjectBANK POLICY
dc.subjectBANK SERVICES
dc.subjectBANKING MARKET
dc.subjectBANKING SYSTEM
dc.subjectBANKING SYSTEMS
dc.subjectBANKRUPTCY
dc.subjectBANKRUPTCY PROCEDURES
dc.subjectBANKS
dc.subjectBENEFICIARIES
dc.subjectBIDS
dc.subjectBINDING CONSTRAINT
dc.subjectBUSINESS ACTIVITY
dc.subjectCAPITAL INVESTMENTS
dc.subjectCAPITAL LOANS
dc.subjectCAPITAL MARKETS
dc.subjectCASH FLOWS
dc.subjectCENTRAL BANK
dc.subjectCENTRAL BANKS
dc.subjectCOLLATERAL
dc.subjectCOLLATERAL REQUIREMENT
dc.subjectCOLLATERAL REQUIREMENTS
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMERCIAL LOANS
dc.subjectCONFIDENCE IN BANKS
dc.subjectCONSOLIDATION
dc.subjectCONSUMER
dc.subjectCONSUMERS
dc.subjectCONTRACT ENFORCEMENT
dc.subjectCONTRIBUTION
dc.subjectCONTRIBUTIONS
dc.subjectCOOPERATIVES
dc.subjectCORPORATE BANKING
dc.subjectCORRUPTION
dc.subjectCREDIT BUREAU
dc.subjectCREDIT BUREAUS
dc.subjectCREDIT CARDS
dc.subjectCREDIT GUARANTEE
dc.subjectCREDIT GUARANTEES
dc.subjectCREDIT LINE
dc.subjectCREDIT LINES
dc.subjectCREDIT MARKET
dc.subjectCREDIT POLICY
dc.subjectCREDIT RISK
dc.subjectCUSTOMER SERVICE
dc.subjectDEBT
dc.subjectDEBT DEFAULT
dc.subjectDEBT PAYMENTS
dc.subjectDEBT RESTRUCTURING
dc.subjectDEBTORS
dc.subjectDEBTS
dc.subjectDEFAULT RATES
dc.subjectDEMAND FOR CREDIT
dc.subjectDEPOSIT
dc.subjectDEPOSITS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT BANK
dc.subjectDOCUMENTATION REQUIREMENTS
dc.subjectDOMESTIC BANK
dc.subjectDOMESTIC BANKS
dc.subjectDOMESTIC CURRENCY
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC CRISIS
dc.subjectECONOMICS
dc.subjectEMERGING ECONOMIES
dc.subjectEMERGING MARKET
dc.subjectEMPLOYMENT
dc.subjectENTREPRENEURS
dc.subjectEXCESS LIQUIDITY
dc.subjectEXCHANGE RATE
dc.subjectEXCLUSION
dc.subjectEXTERNAL FINANCING
dc.subjectFACTORING
dc.subjectFILING FOR BANKRUPTCY
dc.subjectFINANCES
dc.subjectFINANCIAL ACCESS
dc.subjectFINANCIAL CONSTRAINTS
dc.subjectFINANCIAL CONTRACTS
dc.subjectFINANCIAL DEVELOPMENT
dc.subjectFINANCIAL INFORMATION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INSTRUMENTS
dc.subjectFINANCIAL INTERMEDIARIES
dc.subjectFINANCIAL INTERMEDIATION
dc.subjectFINANCIAL REFORMS
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL STATEMENTS
dc.subjectFINANCIAL SYSTEM
dc.subjectFINANCIAL TRANSACTION
dc.subjectFINANCIAL TRANSACTIONS
dc.subjectFINANCING OBSTACLES
dc.subjectFIXED COSTS
dc.subjectFIXED RATES
dc.subjectFLOW OF INFORMATION
dc.subjectFOREIGN BANKS
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE TRANSACTIONS
dc.subjectFOREIGN INVESTORS
dc.subjectFUTURE GROWTH
dc.subjectGREATER ACCESS
dc.subjectGUARANTEE FUND
dc.subjectGUARANTEE FUNDS
dc.subjectGUARANTEE SCHEMES
dc.subjectHOUSEHOLDS
dc.subjectINCOME
dc.subjectINCOME SOURCES
dc.subjectINFORMATION GAP
dc.subjectINSTITUTIONAL DEVELOPMENT
dc.subjectINSTRUMENT
dc.subjectINSURANCE
dc.subjectINSURANCE PRODUCTS
dc.subjectINTEREST RATE
dc.subjectINTEREST RATE CEILING
dc.subjectINTEREST RATE RISK
dc.subjectINTEREST RATES
dc.subjectINTEREST RATES ON LOANS
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL BANKS
dc.subjectINTERNATIONAL FINANCE
dc.subjectINVESTMENT LOANS
dc.subjectINVESTMENT PROJECTS
dc.subjectJUDICIAL PROCESSES
dc.subjectLACK OF ACCESS
dc.subjectLARGE BANKS
dc.subjectLARGE COMPANIES
dc.subjectLARGE COMPANY
dc.subjectLARGE FIRMS
dc.subjectLAWS
dc.subjectLEGAL CONSTRAINTS
dc.subjectLEGAL REFORM
dc.subjectLEGAL RIGHTS
dc.subjectLINES OF CREDIT
dc.subjectLIQUID ASSETS
dc.subjectLOAN
dc.subjectLOAN AMOUNT
dc.subjectLOAN MARKET
dc.subjectLOAN PORTFOLIOS
dc.subjectLONG-TERM LENDING
dc.subjectLONG-TERM LOANS
dc.subjectLOW INTEREST RATES
dc.subjectMACROECONOMIC ENVIRONMENT
dc.subjectMACROECONOMIC STABILITY
dc.subjectMACROECONOMIC UNCERTAINTY
dc.subjectMARKET ENVIRONMENT
dc.subjectMARKET SHARE
dc.subjectMARKET STRUCTURE
dc.subjectMEDIUM ENTERPRISES
dc.subjectMICRO ENTERPRISES
dc.subjectMORAL HAZARD
dc.subjectMORTGAGES
dc.subjectNATIONAL GUARANTEE
dc.subjectNEW MARKETS
dc.subjectNON-PERFORMING LOANS
dc.subjectOUTREACH
dc.subjectOVERDRAFTS
dc.subjectPARTIAL CREDIT
dc.subjectPAYMENT OBLIGATION
dc.subjectPAYMENTS IN ADVANCE
dc.subjectPENSION
dc.subjectPERSONAL GUARANTEE
dc.subjectPOLITICAL ECONOMY
dc.subjectPORTFOLIO
dc.subjectPRIVATE BANKS
dc.subjectPRIVATE SECTOR LOANS
dc.subjectPROFITABILITY
dc.subjectPROMISSORY NOTES
dc.subjectPROPERTY RIGHTS
dc.subjectPROTECTION OF INVESTORS
dc.subjectPUBLIC BANKS
dc.subjectPUBLIC CREDIT
dc.subjectPUBLIC FUND
dc.subjectQUESTIONNAIRE
dc.subjectRECEIPT
dc.subjectRECEIPTS
dc.subjectRECESSION
dc.subjectREGIONAL BANKS
dc.subjectRELATIONSHIP LENDING
dc.subjectRESEARCH ASSISTANCE
dc.subjectRISK MANAGEMENT
dc.subjectRISK TAKING
dc.subjectRULE OF LAW
dc.subjectSALE
dc.subjectSALES
dc.subjectSCHOLARSHIPS
dc.subjectSECURITIES
dc.subjectSELF-FINANCING
dc.subjectSHAREHOLDERS
dc.subjectSMALL BANKS
dc.subjectSMALL BUSINESS
dc.subjectSMALL ENTERPRISE
dc.subjectSMALL ENTERPRISES
dc.subjectSMALL ENTREPRENEURS
dc.subjectTAX
dc.subjectTAX REDUCTIONS
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTERM CREDIT
dc.subjectTERMS OF LOANS
dc.subjectTOTAL DEBT
dc.subjectTRADE FINANCING
dc.subjectTRAINING PROGRAMS
dc.subjectTRANSACTION
dc.subjectTRANSPARENCY
dc.subjectUNFAIR COMPETITION
dc.subjectUNSECURED LOANS
dc.subjectVARIABLE RATES
dc.subjectVARIABLE-RATE LOANS
dc.subjectWORKING CAPITAL
dc.titleDrivers and Obstacles to Banking SMEs : The Role of Competition and the Institutional Frameworken
dspace.entity.typePublication
okr.crossref.titleDrivers And Obstacles To Banking SMEs: The Role Of Competition And The Institutional Rramework
okr.date.doiregistration2025-04-10T12:22:15.404361Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2008/12/10063846/drivers-obstacles-banking-smes-role-competition-institutional-framework
okr.globalpracticeFinance and Markets
okr.guid626951468314708410
okr.identifier.doi10.1596/1813-9450-4788
okr.identifier.externaldocumentum000158349_20081201095551
okr.identifier.internaldocumentum10063846
okr.identifier.reportWPS4788
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2008/12/01/000158349_20081201095551/Rendered/PDF/WPS4788.pdfen
okr.sectorFinance :: General finance sector
okr.themeSmall and medium enterprise support
okr.themeFinancial and private sector development
okr.topicFinance and Financial Sector Development::Financial Intermediation
okr.topicBanks and Banking Reform
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicFinance and Financial Sector Development::Access to Finance
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isAuthorOfPublication35317b87-0569-5cde-bb5e-db1a425e6889
relation.isAuthorOfPublicationad1ad457-a974-53de-815c-c7010e0fdd74
relation.isAuthorOfPublication.latestForDiscovery35317b87-0569-5cde-bb5e-db1a425e6889
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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