IDEAS home Printed from https://ideas.repec.org/a/idn/journl/v17y2014i2p1-30.html
   My bibliography  Save this article

Asset Securitization and the Real Sector Performance: An Alternative Source of Financing for SME’s

Author

Listed:
  • Wijoyo Santoso

    (Bank Indonesia)

  • Shinta R.I. Soekro

    (Bank Indonesia)

  • Darmansyah

    (Bank Indonesia)

  • Hilde D. Sihaloho

    (Bank Indonesia)

Abstract

This paper analyzes the asset securitization as a source of financing for small and medium scale enterprise. We use field survey and focus group discussion in Jabodetabek, Bandung, Yogyakarta, Denpasar, Medan, and Banjarmasin, covering 149 samples in total. This paper found the banks generally are in excess liquidity condition, therefore face difficulty on obtaining the minimum of Loan to Deposit Ratio (LDR). For this reason, those banks are not interested to sell the SME’s loan though they are quite interested on the asset securitization concept. For the banks, the major motive to invest in asset securitization program is a high yield. In addition, they expect this portfolio to increase the LDR. Prior the implementation of this program, this paper underlines the necessity to overcome some obstacles including non-bankable SME’s, liquidity and human resource of the banks, and limited information of the asset securitazion program (EBA-UMKM).

Suggested Citation

  • Wijoyo Santoso & Shinta R.I. Soekro & Darmansyah & Hilde D. Sihaloho, 2014. "Asset Securitization and the Real Sector Performance: An Alternative Source of Financing for SME’s," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 17(2), pages 1-30, October.
    • Handle: RePEc:idn:journl:v:17:y:2014:i:2:p:1-30
    DOI: 10.21098/bemp.v17i2.50
    as

    Download full text from publisher

    File URL: http://bmeb-bi.org/index.php/BEMP/article/download/50/493
    Download Restriction: no
    File URL: https://libkey.io/10.21098/bemp.v17i2.50?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Asset Securitization; SME’s; Banking;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • L6 - Industrial Organization - - Industry Studies: Manufacturing
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:idn:journl:v:17:y:2014:i:2:p:1-30. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lutzardo Tobing or Jimmy Kathon (email available below). General contact details of provider: https://edirc.repec.org/data/bigovid.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.