regulatory reform which allowed unlisted firms to issue minibonds. Using the Italian Credit Register, we compare new loans … power with banks. Issuer firms also reduce the amount of used bank credit, expand their total and fixed assets, and raise …

It is well recognized that relationship banking helps to relieve the credit constraints faced by SMEs to access bank … means different things to different banksand different borrowers. How trust enablesthe credit market for SMEs through …-basedrelationship banking helpedto reduce the credit constraints faced by SMEs in the decade following the global financial crisis. …