Tackling Small and Medium Enterprise Problem Loans in Europe /

The global financial crisis has left a large private sector debt overhang and high levels of non- performing loans (NPLs) in several European countries. Small and medium-size enterprises (SMEs) represent a significant and weak segment of the nonfinancial corporate sector. SMEs face a number of legal...

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Xehetasun bibliografikoak
Egile nagusia: Bergthaler, Wolfgang
Beste egile batzuk: Kang, Kenneth, Liu, Yan, Monaghan, Dermot
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2015.
Saila:Staff Discussion Notes; Staff Discussion Notes ; No. 2015/004
Sarrera elektronikoa:Full text available on IMF
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100 1 |a Bergthaler, Wolfgang. 
245 1 0 |a Tackling Small and Medium Enterprise Problem Loans in Europe /  |c Wolfgang Bergthaler, Kenneth Kang, Yan Liu, Dermot Monaghan. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2015. 
300 |a 1 online resource (38 pages) 
490 1 |a Staff Discussion Notes 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The global financial crisis has left a large private sector debt overhang and high levels of non- performing loans (NPLs) in several European countries. Small and medium-size enterprises (SMEs) represent a significant and weak segment of the nonfinancial corporate sector. SMEs face a number of legal, financial, and regulatory challenges to restructuring that differ from those of larger corporates, such as a rigid and costly insolvency regime, a higher fixed cost to loan restructuring, and the lack of alternative sources of financing. Given SMEs' large presence and close links to the banking system, addressing the SME loan problem in Europe will be critical for strengthening bank and corporate balance sheets and supporting a more robust and sustained recovery. 
538 |a Mode of access: Internet 
700 1 |a Kang, Kenneth. 
700 1 |a Liu, Yan. 
700 1 |a Monaghan, Dermot. 
830 0 |a Staff Discussion Notes; Staff Discussion Notes ;  |v No. 2015/004 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/006/2015/004/006.2015.issue-004-en.xml  |z IMF e-Library