Fin paper examines SME lending in post-transition economies
Authors say there are legitimate concerns over impact of foreign bank entry
Small and medium-sized enterprises (SMEs) perform better in countries with a large number of cooperative banks than in countries dominated by foreign-owned banks or large domestic banks, according to a discussion paper published by the Bank of Finland.
In Bank ownership structure, SME lending and local credit markets, Iftekhar Hasan, Krzysztof Jackowicz, Oskar Kowalewski and Łukasz Kozłowski say there is "surprisingly little" known about banking lending to SMEs in countries that have
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