Publication:
Peru - Developing New Structured Financial Products to Channel Savings Towards Small and Medium Enterprises (SMEs) Growth

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dc.contributor.authorWorld Bank
dc.date.accessioned2012-03-19T17:23:00Z
dc.date.available2012-03-19T17:23:00Z
dc.date.issued2009-02-02
dc.description.abstractThe objective of this study is to contribute to the development of new structured financial products in Peru, in particular as means to address the problems of access to finance faced by underserved segments such as Small and Medium Enterprises (SMEs). This document reviews how structured financial products can provide an alternative channel for SMEs to access the market. Additionally it provides suggestions regarding policy issues aimed at improving the market environment. The study concludes that: (i) one way to effectively address Peruvian SMEs credit constraints, particularly with respect to longer term financing, is the use of structured products and (ii) although the Peruvian capital markets regulatory framework regarding securitization has become more flexible in recent years, and despite being one of the least restrictive in the region, it still shows significant weaknesses.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000350881_20090429132730
dc.identifier.doi10.1596/3039
dc.identifier.urihttps://hdl.handle.net/10986/3039
dc.languageEnglish
dc.publisherWorld Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO CAPITAL
dc.subjectACCESS TO FINANCING
dc.subjectACCOUNTING
dc.subjectACCOUNTS RECEIVABLE
dc.subjectACCOUNTS RECEIVABLES
dc.subjectASSET POOLS
dc.subjectASSET-BACKED SECURITIES
dc.subjectBALANCE SHEETS
dc.subjectBANK ACCOUNT
dc.subjectBANK BRANCHES
dc.subjectBANK CREDIT
dc.subjectBANK FINANCING
dc.subjectBANK LOAN
dc.subjectBANK LOANS
dc.subjectBANK PORTFOLIOS
dc.subjectBANKING MARKET
dc.subjectBANKING SECTOR
dc.subjectBANKING SYSTEM
dc.subjectBANKRUPTCIES
dc.subjectBENCHMARK YIELD
dc.subjectBENCHMARK YIELD CURVE
dc.subjectBLUE CHIPS
dc.subjectBORROWER
dc.subjectBROKERAGE
dc.subjectBUSINESS CYCLES
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKET REFORMS
dc.subjectCAPITAL MARKETS
dc.subjectCAPITAL STRUCTURE
dc.subjectCASH FLOW
dc.subjectCASH FLOWS
dc.subjectCOLLATERAL
dc.subjectCOLLATERAL REQUIREMENT
dc.subjectCOLLATERAL REQUIREMENTS
dc.subjectCOMMERCIAL BANK
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMERCIAL CREDIT
dc.subjectCORPORATE BOND
dc.subjectCORPORATE BOND ISSUANCE
dc.subjectCORPORATE BONDS
dc.subjectCORPORATE GOVERNANCE
dc.subjectCREDIT CONSTRAINTS
dc.subjectCREDIT ENHANCEMENTS
dc.subjectCREDIT HISTORY
dc.subjectCREDIT INFORMATION
dc.subjectCREDIT INFORMATION SYSTEMS
dc.subjectCREDIT LINES
dc.subjectCREDIT MARKET
dc.subjectCREDIT QUALITY
dc.subjectCREDIT RATING
dc.subjectCREDIT RISK
dc.subjectCREDIT UNIONS
dc.subjectCREDITWORTHINESS
dc.subjectDEBT
dc.subjectDEBT INSTRUMENTS
dc.subjectDEBT ISSUANCE
dc.subjectDEBT ISSUES
dc.subjectDEBT MANAGEMENT
dc.subjectDEMAND FOR CREDIT
dc.subjectDEPOSITS
dc.subjectDEVELOPMENT BANK
dc.subjectDOMESTIC BOND
dc.subjectDOMESTIC BOND MARKET
dc.subjectDOMESTIC BOND MARKETS
dc.subjectDOMESTIC CREDIT
dc.subjectDOMESTIC MARKET
dc.subjectEMERGING MARKETS
dc.subjectENTERPRISE CREDIT
dc.subjectENTERPRISE FINANCING
dc.subjectEQUIPMENT
dc.subjectEQUITY MARKETS
dc.subjectEXCHANGE RATE
dc.subjectEXPENDITURE
dc.subjectEXPORT SHARE
dc.subjectFINANCIAL DEVELOPMENT
dc.subjectFINANCIAL INFRASTRUCTURE
dc.subjectFINANCIAL INSTITUTION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INSTRUMENTS
dc.subjectFINANCIAL LIBERALIZATION
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL STATEMENTS
dc.subjectFINANCIAL SYSTEM
dc.subjectFINANCIAL SYSTEMS
dc.subjectFIXED ASSET
dc.subjectFIXED ASSETS
dc.subjectFIXED INCOME
dc.subjectFIXED INCOME MARKET
dc.subjectFIXED INTEREST
dc.subjectFIXED INTEREST RATE
dc.subjectFOREIGN BANKS
dc.subjectFRAUD
dc.subjectFUND MANAGERS
dc.subjectFUTURE CASH FLOW
dc.subjectGOVERNMENT SUPPORT
dc.subjectHOLDINGS
dc.subjectHOUSING FINANCE
dc.subjectINCOME INSTRUMENTS
dc.subjectINFORMAL LENDERS
dc.subjectINFORMATION ASYMMETRY
dc.subjectINSTITUTIONAL INVESTOR
dc.subjectINSTITUTIONAL INVESTORS
dc.subjectINSTRUMENT
dc.subjectINSURANCE
dc.subjectINSURANCE COMPANIES
dc.subjectINTEREST RATE
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL CAPITAL
dc.subjectINTERNATIONAL CAPITAL MARKETS
dc.subjectINTERNATIONAL FINANCIAL CRISES
dc.subjectINTERNATIONAL INVESTORS
dc.subjectINTERNATIONAL SETTLEMENTS
dc.subjectINVESTMENT BANKING
dc.subjectINVESTMENT FINANCING
dc.subjectINVESTMENT FUND
dc.subjectINVESTMENT IN SECURITIES
dc.subjectINVESTMENT INSTRUMENTS
dc.subjectINVESTMENT PORTFOLIO
dc.subjectISSUANCE
dc.subjectISSUANCE OF BONDS
dc.subjectISSUANCES
dc.subjectLIEN
dc.subjectLINE OF CREDIT
dc.subjectLINES OF CREDIT
dc.subjectLIQUIDITY
dc.subjectLOAN
dc.subjectLOAN AMOUNT
dc.subjectLOAN AMOUNTS
dc.subjectLOAN APPLICATION
dc.subjectLOAN APPLICATIONS
dc.subjectLOAN MATURITIES
dc.subjectLOAN MATURITY
dc.subjectLOAN OBLIGATIONS
dc.subjectLOAN PORTFOLIO
dc.subjectLOAN PORTFOLIOS
dc.subjectLOAN RATES
dc.subjectLOAN SIZE
dc.subjectLOAN SIZES
dc.subjectLOCAL CURRENCY
dc.subjectLOCAL GOVERNMENTS
dc.subjectLONG TERM CAPITAL
dc.subjectLONG-TERM FINANCE
dc.subjectLONG-TERM INVESTMENT
dc.subjectLONG-TERM INVESTORS
dc.subjectLONG-TERM MATURITY
dc.subjectMACROECONOMIC STABILITY
dc.subjectMARKET ANALYSTS
dc.subjectMARKET CAP
dc.subjectMARKET DEVELOPMENT
dc.subjectMARKET ENVIRONMENT
dc.subjectMARKET PARTICIPANTS
dc.subjectMARKET SHARE
dc.subjectMARKET SIZE
dc.subjectMARKETABLE SECURITIES
dc.subjectMATURITY
dc.subjectMICRO BORROWERS
dc.subjectMICRO ENTERPRISE
dc.subjectMICRO ENTERPRISES
dc.subjectMICRO LOANS
dc.subjectMICRO-ENTERPRISES
dc.subjectMICROCREDIT
dc.subjectMICROENTERPRISES
dc.subjectMICROFINANCE
dc.subjectMICROFINANCE INSTITUTIONS
dc.subjectMONEY LENDER
dc.subjectMONEY LENDERS
dc.subjectMORTGAGE
dc.subjectMORTGAGE LOANS
dc.subjectMORTGAGE-BACKED SECURITIES
dc.subjectMUTUAL FUNDS
dc.subjectOFFSHORE FINANCIAL CENTER
dc.subjectOUTSTANDING LOANS
dc.subjectOVERDRAFT FACILITIES
dc.subjectOVERDRAFT FACILITY
dc.subjectPENSION
dc.subjectPENSION FUND
dc.subjectPENSION FUND REFORMS
dc.subjectPENSION FUNDS
dc.subjectPENSION SYSTEMS
dc.subjectPORTFOLIO
dc.subjectPOTENTIAL INVESTORS
dc.subjectPRIVATE CREDIT
dc.subjectPRIVATE CREDIT BUREAUS
dc.subjectPRIVATE EQUITY
dc.subjectPRIVATE REGISTRIES
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC REGISTRIES
dc.subjectPUBLIC SECTOR BONDS
dc.subjectREGULATORY CONSTRAINTS
dc.subjectRESERVE
dc.subjectRISK POOLING
dc.subjectSAVINGS ACCOUNT
dc.subjectSAVINGS BANKS
dc.subjectSECURITIES
dc.subjectSECURITIES LAW
dc.subjectSECURITIES MARKETS
dc.subjectSHORT MATURITY
dc.subjectSHORT-TERM INSTRUMENTS
dc.subjectSMALL BORROWERS
dc.subjectSMALL BUSINESS
dc.subjectSMALL LOAN
dc.subjectSOVEREIGN ENTITIES
dc.subjectSTOCK EXCHANGE
dc.subjectSTOCK MARKET
dc.subjectSTOCK MARKET CAPITALIZATION
dc.subjectSTOCK MARKETS
dc.subjectSTOCKS
dc.subjectTAX
dc.subjectTRADE CREDIT
dc.subjectTRADING
dc.subjectTRANSACTION
dc.subjectTRANSACTION COSTS
dc.subjectTRANSACTIONS COSTS
dc.subjectTURNOVER
dc.subjectUNACCEPTABLE COLLATERAL
dc.subjectUNDERLYING ASSETS
dc.subjectVALUATIONS
dc.subjectWORKING CAPITAL
dc.titlePeru - Developing New Structured Financial Products to Channel Savings Towards Small and Medium Enterprises (SMEs) Growthen
dspace.entity.typePublication
okr.date.disclosure2009-04-28
okr.date.doiregistration2025-05-07T09:32:22.797763Z
okr.doctypeEconomic & Sector Work::Other Financial Sector Study
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000350881_20090429132730
okr.globalpracticeFinance and Markets
okr.guid432241468074328282
okr.identifier.externaldocumentum000350881_20090429132730
okr.identifier.internaldocumentum10504082
okr.identifier.report47348
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2009/04/29/000350881_20090429132730/Rendered/PDF/473480ESC0LAC01C0Disclosed041281091.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countryPeru
okr.region.geographicalSouth America
okr.region.geographicalAmerica
okr.sectorFinance :: General finance sector
okr.themeState enterprise/bank restructuring and privatization
okr.themeStandards and financial reporting
okr.themeRegulation and competition policy
okr.themeInternational financial architecture
okr.themeFinancial and private sector development
okr.themeTrade and integration
okr.topicFinance and Financial Sector Development::Microfinance
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.topicFinance and Financial Sector Development::Access to Finance
okr.unitFinance & Private Sector (LCSPF)
okr.volume1 of 1
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