). Firm-level SME data and sectoral corporate balance sheets show that many SMEs have faced structural challenges of high … conditions have been accommodative, credit growth has remained weak, especially for small and medium-sized enterprises (SMEs … leverage and low profitability. Moreover, the global financial crisis has weakened the financial position across SMEs …

empirical analysis, we build a parsimonious model of bank screening and lending that predicts that IT in banking can spur … entrepreneurship by making it easier for startups to borrow against collateral. We provide empirical evidence that job creation by … young firms is stronger in US counties that are more exposed to ITintensive banks. Consistent with a strengthened collateral …

global perspective. At the same time, collateral requirements applied by banks are onerous and also constrain the quantity of … the high collateral requirements. Reforms in all these areas would support greater financial inclusion in the aftermath of …

In global financial centers, short-term market rates are effectively determined in the pledged collateral market, where … banks and other financial institutions exchange collateral (such as bonds and equities) for money. Furthermore, the use of … long-dated securities as collateral for short tenors-or example, in securities-lending and repo markets, and prime …

a bank. Failure to identify deterioration in credit quality in a timely manner can aggravate and prolong the problem …. Two key issues arise with regard to the use of collateral in the context of loan classification and provisioning. In … particular, the questions arise whether collateral should be taken into account in classifying a collateralized loan, and whether …

between capital flows and domestic collateral constraints. The key feature of our theory is the existence of an 'Expansionary …

An asset bubble relaxes collateral constraints and increases borrowing by credit-constrained agents. At the same time … of a binding collateral constraint. If debt is elevated, policy should lean against the bubble more aggressively to …

Promoting credit services to small and medium-size enterprises (SMEs) has been a perennial challenge for policy makers … millions of small firms. By analyzing 1.8 million loan transactions of a leading Chinese online bank, this paper compares the … fintech approach to assessing credit risk using big data and machine learning models with the bank approach using traditional …