Policy Note on SMEs Access to Finance in Tunisia

World Bank

Publication:
Policy Note on SMEs Access to Finance in Tunisia

dc.contributor.author	World Bank
dc.date.accessioned	2013-03-26T19:20:15Z
dc.date.available	2013-03-26T19:20:15Z
dc.date.issued	2009-12
dc.description.abstract	The Tunisian government has long been aware of the need to support companies in their search for financing. Over the last decade, the government has strengthened legal and regulatory frameworks in this area, created public financing systems, facilitated the development of financial markets and helped to expand the supply of financial products, especially those geared at SMEs. SMEs play a vital role in Tunisia because at least 97.8 percent of Tunisian firms (across all sectors) fall into this category. The main consequence of the prevalence of SMEs in Tunisia s economic landscape is that all economic development strategies are de facto based on the performance of this category of companies. SMEs ability to obtain financing for their business operations and investments is therefore crucial to Tunisia s future economic development.	en
dc.identifier	http://documents.worldbank.org/curated/en/2009/12/16350506/tunisia-policy-note-smes-access-finance-tunisia
dc.identifier.uri	http://hdl.handle.net/10986/12951
dc.language	English
dc.language.iso	en_US
dc.publisher	Washington, DC
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo/
dc.subject	ACCESS TO BANK
dc.subject	ACCESS TO FINANCE
dc.subject	ACCESS TO FINANCIAL SERVICES
dc.subject	ACCESS TO FINANCING
dc.subject	ACCOUNT RECEIVABLES
dc.subject	ADVANCED ECONOMIES
dc.subject	AMOUNT OF COLLATERAL
dc.subject	ASSET FINANCING
dc.subject	AVAILABILITY OF CREDIT
dc.subject	BALANCE SHEETS
dc.subject	BANK ASSETS
dc.subject	BANK CREDIT
dc.subject	BANK FINANCING
dc.subject	BANK LENDING
dc.subject	BANK LOANS
dc.subject	BANKING LAW
dc.subject	BANKING SECTOR
dc.subject	BANKING SERVICES
dc.subject	BANKING SYSTEM
dc.subject	BANKRUPTCY
dc.subject	BANKRUPTCY LAWS
dc.subject	BANKS
dc.subject	BENEFICIARIES
dc.subject	BENEFICIARY
dc.subject	BOURSE
dc.subject	BUDGET DEFICIT
dc.subject	BUSINESS CENTERS
dc.subject	BUSINESS CREDIT
dc.subject	BUSINESS FORMATION
dc.subject	BUSINESS INCUBATORS
dc.subject	BUSINESS OWNERS
dc.subject	BUSINESS PLANS
dc.subject	CAPITAL FORMATION
dc.subject	CAPITAL REQUIREMENTS
dc.subject	CAPITALIZATION
dc.subject	CASH FLOW
dc.subject	CENTRAL BANK
dc.subject	CENTRAL BANK OF TUNISIA
dc.subject	COLLATERAL
dc.subject	COLLATERAL REQUIREMENTS
dc.subject	CONSTRAINTS ON ACCESS
dc.subject	CONSULTING SERVICES
dc.subject	CONSUMER CREDIT
dc.subject	CONSUMER LOANS
dc.subject	CONTRACT ENFORCEMENT
dc.subject	CORPORATE FINANCING
dc.subject	COST OF CAPITAL
dc.subject	COST OF CREDIT
dc.subject	COUNTRY COMPARISONS
dc.subject	CREDIT BUREAU
dc.subject	CREDIT BUREAUS
dc.subject	CREDIT CARDS
dc.subject	CREDIT GUARANTEE
dc.subject	CREDIT HISTORIES
dc.subject	CREDIT HISTORY
dc.subject	CREDIT HISTORY INFORMATION
dc.subject	CREDIT INFORMATION
dc.subject	CREDIT INFORMATION SYSTEMS
dc.subject	CREDIT INSTITUTION
dc.subject	CREDIT INSTITUTIONS
dc.subject	CREDIT REGISTRY
dc.subject	CREDIT REPORTING
dc.subject	CREDIT REPORTING SYSTEM
dc.subject	CREDIT SCORING
dc.subject	CREDIT-SCORING
dc.subject	CREDITS
dc.subject	CURRENT ACCOUNT
dc.subject	CURRENT ACCOUNT DEFICIT
dc.subject	DEBT
dc.subject	DEBT FINANCING
dc.subject	DEBT RATIO
dc.subject	DEBTOR
dc.subject	DEBTS
dc.subject	DECENTRALIZATION
dc.subject	DEFAULT RISK
dc.subject	DEPOSIT
dc.subject	DEPOSITS
dc.subject	DEVELOPMENT BANKS
dc.subject	DISTRIBUTION OF CREDIT
dc.subject	DIVERSIFICATION
dc.subject	EARNINGS
dc.subject	ECONOMIC AGENTS
dc.subject	ECONOMIC COOPERATION
dc.subject	ECONOMIC CRISIS
dc.subject	ECONOMIC DEVELOPMENT
dc.subject	ECONOMIC GROWTH
dc.subject	ECONOMIC INITIATIVE
dc.subject	EMERGING ECONOMIES
dc.subject	EMPLOYER
dc.subject	ENTREPRENEURS
dc.subject	EQUIPMENT
dc.subject	EQUITY CAPITAL
dc.subject	EQUITY INVESTMENTS
dc.subject	EQUITY RATIO
dc.subject	EXCHANGE RATE
dc.subject	EXPENDITURES
dc.subject	EXPLOITATION
dc.subject	EXTERNAL FUNDS
dc.subject	FACTORING
dc.subject	FARMERS
dc.subject	FINANCIAL ASSISTANCE
dc.subject	FINANCIAL CRISIS
dc.subject	FINANCIAL DATA
dc.subject	FINANCIAL INFORMATION
dc.subject	FINANCIAL INSTITUTIONS
dc.subject	FINANCIAL LEASING
dc.subject	FINANCIAL MARKET
dc.subject	FINANCIAL MARKETS
dc.subject	FINANCIAL PRODUCTS
dc.subject	FINANCIAL SYSTEM
dc.subject	FINANCING COST
dc.subject	FINANCING NEEDS
dc.subject	FINANCING SOURCES
dc.subject	FIXED ASSET
dc.subject	FIXED ASSETS
dc.subject	FIXED CAPITAL
dc.subject	FOREIGN BANKS
dc.subject	FOREIGN INVESTOR
dc.subject	FUNDING SOURCES
dc.subject	GLOBAL ECONOMY
dc.subject	GUARANTEE FUND
dc.subject	GUARANTEE SCHEMES
dc.subject	HANDICRAFTS
dc.subject	INDICATORS OF ACCESS
dc.subject	INDUSTRIAL ENTERPRISES
dc.subject	INFLATION
dc.subject	INTANGIBLE
dc.subject	INTANGIBLE ASSETS
dc.subject	INVESTMENT BANKS
dc.subject	INVESTOR PROTECTION
dc.subject	ISLAMIC FINANCE
dc.subject	LACK OF COLLATERAL
dc.subject	LACK OF INFORMATION
dc.subject	LACK OF KNOWLEDGE
dc.subject	LEGAL FRAMEWORK
dc.subject	LENDERS
dc.subject	LIQUIDITY
dc.subject	LOAN
dc.subject	LOAN APPLICATIONS
dc.subject	LOAN PRODUCTS
dc.subject	LOAN REQUEST
dc.subject	LONG TERM ASSETS
dc.subject	LONG-TERM ASSET
dc.subject	LONG-TERM FUNDING
dc.subject	MACROECONOMIC ENVIRONMENT
dc.subject	MACROECONOMIC MANAGEMENT
dc.subject	MARKET CAPITALIZATION
dc.subject	MARKET DEVELOPMENT
dc.subject	MATURE MARKET
dc.subject	MFI
dc.subject	MICROCREDIT
dc.subject	MICROFINANCE
dc.subject	MONETARY FUND
dc.subject	MORTGAGE
dc.subject	MOVABLE ASSET
dc.subject	MUTUAL FUNDS
dc.subject	NATIONAL GUARANTEE
dc.subject	NET INTEREST MARGIN
dc.subject	NEW BUSINESS
dc.subject	NEW COMPANY
dc.subject	NOMINAL INTEREST RATES
dc.subject	NON-PERFORMING LOANS
dc.subject	OPERATING COSTS
dc.subject	OPERATIONAL COSTS
dc.subject	OUTSTANDING CREDIT
dc.subject	OUTSTANDING CREDITS
dc.subject	PORTFOLIOS
dc.subject	PRIMARY MARKET
dc.subject	PRIVATE CREDIT
dc.subject	PRIVATE CREDIT BUREAUS
dc.subject	PRIVATE ENTERPRISES
dc.subject	PRIVATE EQUITY
dc.subject	PRIVATE INVESTMENT
dc.subject	PRIVATE SECTOR FINANCING
dc.subject	PRIVATIZATION
dc.subject	PROFITABILITY
dc.subject	PROMOTION ACTIVITIES
dc.subject	PUBLIC BANK
dc.subject	PUBLIC BANKS
dc.subject	PUBLIC CREDIT
dc.subject	PUBLIC REGISTRIES
dc.subject	RATE OF RETURN
dc.subject	REAL ESTATE
dc.subject	REAL ESTATE LOANS
dc.subject	RECESSION
dc.subject	REGISTRATION SYSTEMS
dc.subject	REGULATORY FRAMEWORKS
dc.subject	REPAYMENT
dc.subject	REPAYMENT CAPACITY
dc.subject	RETAINED EARNINGS
dc.subject	RISK SHARING
dc.subject	RISK TAKING
dc.subject	SECONDARY MARKET
dc.subject	SEED FUNDS
dc.subject	SELF FINANCE
dc.subject	SELF-FINANCING
dc.subject	SETTLEMENT
dc.subject	SHORT-TERM FINANCING
dc.subject	SMALL ENTERPRISES
dc.subject	SOCIAL DEVELOPMENT
dc.subject	SOURCE OF INFORMATION
dc.subject	START-UP
dc.subject	START-UPS
dc.subject	STOCK EXCHANGE
dc.subject	STOCK MARKET
dc.subject	STOCK MARKET DEVELOPMENT
dc.subject	SUPPLY OF FINANCING
dc.subject	TECHNICAL ASSISTANCE
dc.subject	TELECOMMUNICATIONS
dc.subject	TERM CREDIT
dc.subject	TERM CREDITS
dc.subject	TRADING
dc.subject	TRANSACTION
dc.subject	TRANSPARENCY
dc.subject	TRANSPORT
dc.subject	UNEMPLOYMENT
dc.subject	UNION
dc.subject	UNIVERSAL BANKS
dc.subject	VALUATION
dc.subject	VENTURE CAPITAL
dc.subject	VENTURE CAPITAL FIRMS
dc.subject	VENTURE CAPITAL INVESTMENT
dc.subject	VENTURE CAPITALISTS
dc.subject	WORKING CAPITAL
dc.title	Policy Note on SMEs Access to Finance in Tunisia	en
dspace.entity.type	Publication
okr.date.disclosure	2012-06-08
okr.doctype	Economic & Sector Work :: Policy Note
okr.doctype	Economic & Sector Work
okr.docurl	http://documents.worldbank.org/curated/en/2009/12/16350506/tunisia-policy-note-smes-access-finance-tunisia
okr.globalpractice	Finance and Markets
okr.identifier.externaldocumentum	000426104_20120608170931
okr.identifier.internaldocumentum	16350506
okr.identifier.report	69431
okr.language.supported	en
okr.pdfurl	http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/06/08/000426104_20120608170931/Rendered/PDF/694310ESW0P1080nance0English0Final.pdf	en
okr.region.administrative	Middle East and North Africa
okr.region.country	Tunisia
okr.sector	Finance :: Micro- and SME finance
okr.sector	Industry and trade
okr.theme	Financial and private sector development :: Other financial and private sector development
okr.theme	Financial and private sector development :: Small and medium enterprise support
okr.topic	Finance and Financial Sector Development :: Financial Intermediation
okr.topic	Banks and Banking Reform
okr.topic	Finance and Financial Sector Development :: Debt Markets
okr.topic	Finance and Financial Sector Development :: Access to Finance
okr.topic	Finance and Financial Sector Development :: Bankruptcy and Resolution of Financial Distress
okr.unit	Finance & Private Sector Dev. (MNSF1)
okr.volume	1 of 1