Publication:
Bank Financing to Small and Medium-Sized Enterprises (SMEs) in Colombia

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dc.contributor.authorStephanou, Constantinos
dc.contributor.authorRodriguez, Camila
dc.date.accessioned2012-05-25T21:53:12Z
dc.date.available2012-05-25T21:53:12Z
dc.date.issued2008-01
dc.description.abstractThe objective of this paper is to shed light on current trends and policy challenges in the financing of small- and medium-sized enterprises (SMEs) by banks in Colombia. The paper is motivated by the well-documented financing gap for SMEs, whose causes are complex and multi-dimensional. Based on data collection and interviews with the authorities, a representative sample of banks, and other relevant entities, the authors analyze the evolution and characteristics of this market in recent years. Bank financing to SMEs is becoming a strategic segment for Colombian credit institutions. The current business and risk management models for SME lending are still relatively underdeveloped, but greater sophistication is expected as the market matures. Important institutional and policy constraints to SME lending remain, but are not yet binding. In order to address these constraints before they "begin to bite", the authors identify and describe a potential policy reform agenda.en
dc.identifierhttp://documents.worldbank.org/curated/en/2008/01/8956897/bank-financing-small-medium-sized-enterprises-smes-colombia
dc.identifier.doi10.1596/1813-9450-4481
dc.identifier.urihttps://hdl.handle.net/10986/6486
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 4481
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCEPTABLE COLLATERAL
dc.subjectACCESS TO CREDIT
dc.subjectACCESS TO FINANCE
dc.subjectACCESS TO FINANCIAL SERVICES
dc.subjectACCOUNTING
dc.subjectACCOUNTS RECEIVABLE
dc.subjectAFFILIATE
dc.subjectAGRICULTURAL SECTOR
dc.subjectALTERNATIVE FINANCING
dc.subjectALTERNATIVE SOURCES OF FINANCING
dc.subjectAUDITING
dc.subjectAVAILABILITY OF CREDIT
dc.subjectBANK BRANCHES
dc.subjectBANK DEPOSIT
dc.subjectBANK FINANCING
dc.subjectBANK INVOLVEMENT
dc.subjectBANK LENDING
dc.subjectBANKING SERVICES
dc.subjectBANKING SYSTEM
dc.subjectBANKRUPTCY
dc.subjectBANKS
dc.subjectBORROWER
dc.subjectBORROWING
dc.subjectBUSINESS ACTIVITIES
dc.subjectBUSINESS ACTIVITY
dc.subjectBUSINESS CENTER
dc.subjectBUSINESS CENTERS
dc.subjectBUSINESS CREDIT
dc.subjectBUSINESS DEVELOPMENT
dc.subjectBUSINESS ENTERPRISE
dc.subjectBUSINESS PLAN
dc.subjectBUSINESS PLANS
dc.subjectBUSINESS STRATEGY
dc.subjectCAPITAL LOANS
dc.subjectCAPITAL MARKETS
dc.subjectCAPITAL STRUCTURE
dc.subjectCAPITALIZATION
dc.subjectCASH MANAGEMENT
dc.subjectCHAMBERS OF COMMERCE
dc.subjectCOLLATERAL
dc.subjectCOLLATERAL REQUIREMENTS
dc.subjectCOMMERCIAL BANK
dc.subjectCOMMERCIAL FINANCE
dc.subjectCOMMERCIAL LOAN
dc.subjectCOMMERCIAL LOANS
dc.subjectCONSUMER CREDIT
dc.subjectCONSUMER LENDING
dc.subjectCONTRIBUTION
dc.subjectCORPORATE BANKING
dc.subjectCOUNTRY COMPARISONS
dc.subjectCREDIT APPLICATIONS
dc.subjectCREDIT BUREAU
dc.subjectCREDIT BUREAUS
dc.subjectCREDIT CARD
dc.subjectCREDIT CARDS
dc.subjectCREDIT GUARANTEES
dc.subjectCREDIT INFORMATION
dc.subjectCREDIT INSTITUTION
dc.subjectCREDIT INSTITUTIONS
dc.subjectCREDIT LINES
dc.subjectCREDIT MARKET
dc.subjectCREDIT PORTFOLIO
dc.subjectCREDIT PRODUCTS
dc.subjectCREDIT REPORTING
dc.subjectCREDIT REPORTS
dc.subjectCREDIT RISK
dc.subjectCREDIT RISK MANAGEMENT
dc.subjectCREDIT SCORING
dc.subjectCREDIT SCORING MODELS
dc.subjectCREDITOR
dc.subjectCREDITORS
dc.subjectCREDITS
dc.subjectCREDITWORTHINESS
dc.subjectDEBTS
dc.subjectDEPOSIT ACCOUNTS
dc.subjectDEPOSITOR
dc.subjectDEPOSITORS
dc.subjectDEPOSITS
dc.subjectDIVERSIFICATION
dc.subjectDOMESTIC CREDIT
dc.subjectECONOMIC GROWTH
dc.subjectELECTRONIC BANKING
dc.subjectEMPLOYMENT
dc.subjectENTERPRISE ASSISTANCE
dc.subjectENTREPRENEURIAL DEVELOPMENT
dc.subjectENTREPRENEURIAL TRAINING
dc.subjectEXTERNAL FINANCE
dc.subjectFACE VALUE
dc.subjectFACTORING
dc.subjectFAMILY BUSINESSES
dc.subjectFINANCE COMPANIES
dc.subjectFINANCIAL ACCESS
dc.subjectFINANCIAL CONSTRAINTS
dc.subjectFINANCIAL ECONOMIST
dc.subjectFINANCIAL INFORMATION
dc.subjectFINANCIAL INSTITUTION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INSTRUMENTS
dc.subjectFINANCIAL INTERMEDIARIES
dc.subjectFINANCIAL INTERMEDIATION
dc.subjectFINANCIAL LEASING
dc.subjectFINANCIAL LITERACY
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL PENETRATION
dc.subjectFINANCIAL PERFORMANCE
dc.subjectFINANCIAL POLICY
dc.subjectFINANCIAL PROVIDERS
dc.subjectFINANCIAL RESOURCES
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SECTOR POLICY
dc.subjectFINANCIAL SECTOR REGULATIONS
dc.subjectFINANCIAL STRUCTURE
dc.subjectFINANCIAL SYSTEM
dc.subjectFINANCIAL TRANSACTIONS
dc.subjectFINANCING OBSTACLES
dc.subjectFINANCING SOURCES
dc.subjectFOREIGN BANKS
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN EXCHANGE
dc.subjectGOVERNMENT ASSISTANCE
dc.subjectHOUSEHOLDS
dc.subjectHOUSING
dc.subjectINFLATION
dc.subjectINFORMAL ECONOMY
dc.subjectINFORMATION GAP
dc.subjectINFORMATION TECHNOLOGY
dc.subjectINTEREST PAYMENTS
dc.subjectINTEREST RATE
dc.subjectINTEREST RATE CEILING
dc.subjectINTEREST RATE CEILINGS
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL BANKS
dc.subjectLABOR FORCE
dc.subjectLACK OF ACCESS
dc.subjectLARGE FIRMS
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGISLATION
dc.subjectLENDER
dc.subjectLENDERS
dc.subjectLENDING DECISIONS
dc.subjectLIMITED ACCESS
dc.subjectLINES OF CREDIT
dc.subjectLIQUIDATION
dc.subjectLOAN
dc.subjectLOAN APPROVAL
dc.subjectLOAN DECISION
dc.subjectLOAN LOSS PROVISIONS
dc.subjectLOAN MARKET
dc.subjectLOAN PORTFOLIO
dc.subjectLOAN PROCESSING
dc.subjectLOAN PRODUCT
dc.subjectLOAN PRODUCTS
dc.subjectLOAN RECOVERY
dc.subjectLOAN SIZE
dc.subjectLONG-TERM BORROWING
dc.subjectLONG-TERM FUNDING
dc.subjectLOW-INCOME
dc.subjectMACROECONOMIC CONDITIONS
dc.subjectMACROECONOMIC PERFORMANCE
dc.subjectMACROECONOMIC STABILITY
dc.subjectMAJOR BANKS
dc.subjectMARKET SHARE
dc.subjectMARKET SHARES
dc.subjectMATURITIES
dc.subjectMICRO CREDIT
dc.subjectMICRO ENTERPRISE
dc.subjectMICRO ENTERPRISES
dc.subjectMICRO-ENTERPRISE
dc.subjectMICROCREDIT
dc.subjectMONETARY POLICY
dc.subjectMORTGAGES
dc.subjectMULTINATIONAL
dc.subjectNOW ACCOUNTS
dc.subjectOUTREACH
dc.subjectOVERDRAFT
dc.subjectOVERDUE DEBT
dc.subjectPARTIAL CREDIT
dc.subjectPAYMENT HISTORY
dc.subjectPAYMENT SERVICES
dc.subjectPRIVATE BANKS
dc.subjectPRIVATE CREDIT
dc.subjectPROBABILITY OF DEFAULT
dc.subjectPROFITABILITY
dc.subjectPROPERTY AS COLLATERAL
dc.subjectPUBLIC POLICY
dc.subjectQUESTIONNAIRE
dc.subjectQUESTIONNAIRES
dc.subjectREAL ESTATE
dc.subjectREGULATORY FRAMEWORK
dc.subjectRELIANCE ON COLLATERAL
dc.subjectREORGANIZATION
dc.subjectREPAYMENT
dc.subjectRESERVE REQUIREMENTS
dc.subjectRISK MANAGEMENT
dc.subjectSALARIES
dc.subjectSALES
dc.subjectSAVINGS ACCOUNT
dc.subjectSENIOR
dc.subjectSMALL BANKS
dc.subjectSMALL ENTERPRISE
dc.subjectSOCIAL SECURITY
dc.subjectSOCIAL SECURITY CONTRIBUTIONS
dc.subjectSOURCE OF INFORMATION
dc.subjectSPECIAL SAVINGS
dc.subjectSTAKEHOLDER
dc.subjectSTAKEHOLDERS
dc.subjectSTOCKS
dc.subjectSUPPLY OF CREDIT
dc.subjectSUPPORT PROGRAMS
dc.subjectTAXATION
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTRAINING PROGRAMS
dc.subjectTRANSACTION
dc.subjectTRANSACTION COSTS
dc.subjectTYPE OF LOAN
dc.subjectUNFAIR COMPETITION
dc.subjectWAREHOUSES
dc.subjectWORKING CAPITAL
dc.subjectWORTH
dc.titleBank Financing to Small and Medium-Sized Enterprises (SMEs) in Colombiaen
dspace.entity.typePublication
okr.crossref.titleBank Financing To Small And Medium-Sized Enterprises (Smes) In Colombia
okr.date.doiregistration2025-04-10T09:35:33.539606Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2008/01/8956897/bank-financing-small-medium-sized-enterprises-smes-colombia
okr.globalpracticeFinance and Markets
okr.guid877551468242967571
okr.identifier.doi10.1596/1813-9450-4481
okr.identifier.externaldocumentum000158349_20080122150703
okr.identifier.internaldocumentum8956897
okr.identifier.reportWPS4481
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2008/01/22/000158349_20080122150703/Rendered/PDF/wps4481.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countryColombia
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicBanks and Banking Reform
okr.topicFinance and Financial Sector Development::Bankruptcy and Resolution of Financial Distress
okr.topicFinance and Financial Sector Development::Debt Markets
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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