SMEs lending in conditions of crisis in banking system
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Date
2016
Authors
Journal Title
Journal ISSN
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Publisher
”Independenţa Economică”
Abstract
Small and Medium Enterprises have a particularly important role, as it influences on
solving economic, social, technical- scientific problems and many others. Development of SMEs sector leads
to prosperity increase, living standards rise and growth of competitiveness - which are significant matters for
both developing and industrialized countries.Restraints with SMEs lending will strain economic path. In case
of exaggerate restraints, SMEs which have at the sole of their activities credits will be in trouble, as the
interest rates are high, it is difficult to contract loans and it is tough to keep up with the loan reimbursement
schedule. For banks lending to SMES is a consistent and weighty source of business activity. They make
double effort to keep crediting at the same level during crisis. Therefore, banking sector is also interested in
reducing the negative influence of base rate rise and other banking regulations regarding crediting that have
bad influence. As a rule these regulations have a tendency to tighten the lending activity, as crediting terms
are tougher. The goal of this paper is to analyse all the problems SMEs face during contracting credits and
to give possible ways for an efficient entrepreneurship growth.
Description
Referinţe bibliografice: p. 84 (6 titl.). JEL Classification: Q53, Q57.
Keywords
small and medium enterprises, banking loans, economic growth, crisis
Citation
PANFIL, Cristina, ILIADI, Gheorghe. SMEs lending in conditions of crisis in banking system. In: The Journal Contemporary Economy = Revista Economia Contemporană. 2016, vol. I, nr. 2, pp. 78-84. ISSN 2537-4222.