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The cost of business credit by firm category

Author

Listed:
  • F. Chai.
  • D-B.Nguyen.

Abstract

SMEs have a different bank financing structure from that of large companies and thus do not enjoy the same financing conditions. This article examines the main factors that explain the interest rates on loans to SMEs and highlights the impact of the 2008 financial crisis on credit pricing policies.

Suggested Citation

  • F. Chai. & D-B.Nguyen., 2011. "The cost of business credit by firm category," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 24, pages 5-28, Winter.
  • Handle: RePEc:bfr:quarte:2011:24:01
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    File URL: https://publications.banque-france.fr/sites/default/files/medias/documents/quarterly-selection-of-articles_24_2011-2012-winter.pdf
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    Citations

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    Cited by:

    1. ., 2011. "Companies in France in 2010: a mixed picture," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 24, pages 29-68, Winter.

    More about this item

    Keywords

    SME; financing; financial crisis.;
    All these keywords.

    JEL classification:

    • E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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