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Second-tier Government Banks and Firm Performance: Micro-Evidence from Colombia

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Author Info

  • Marcela Eslava
  • Alessandro Maffioli
  • Marcela Meléndez Arjona

Abstract

Despite the large potential gains from credit by second-tier development banks, little is known about the actual impact of these banks' lending activity. This study partially fills that gap by analyzing the impact of the lending activity of Bancoldex, the Colombian second-tier development bank, on firm performance. The evaluation uses data over a several-year period on loans granted to firms by Bancoldex and on performance for all manufacturing establishments with 10 or more employees.

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File URL: http://www.iadb.org/document.cfm?pubDetail=1&id=36619863
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Bibliographic Info

Paper provided by Inter-American Development Bank in its series IDB Publications with number 61518.

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Date of creation: Jan 2012
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Handle: RePEc:idb:brikps:61518

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Related research

Keywords: Financial Services; Productivity; Financial Markets; Second-tier development banks; access to credit; job creation; firm growth; productivity;

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Cited by:
  1. Marcela Eslava & Alessandro Maffioli & Marcela Meléndez Arjona, 2012. "Second-tier Government Banks and Access to Credit: Micro-Evidence from Colombia," IDB Publications 64578, Inter-American Development Bank.

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