ABSTRACT
There is limited access for small and medium-sized enterprises (SMEs) to bank credit. This book proposes new and sustainable models to help ease the access of SMEs to finance and boost economic growth and job creation in Asia. This book looks at the difficulties of SMEs in accessing finance and suggests ways on how to mitigate these challenges. It suggests how we can develop credit information infrastructures for SMEs to remedy the asymmetric information problem and to utilize credit rating techniques for the development of a sustainable credit guarantee scheme.
The book provides illustrations of various Asian economies that implemented credit guarantee schemes and credit risk databases and is a useful reference for lessons and policy recommendations.
TABLE OF CONTENTS
part I|51 pages
SMEs’ role in Asia, difficulties in accessing finance, and remedies
part II|83 pages
Credit risk databases and credit scoring of SMEs
chapter 4|16 pages
The role of credit rating agencies in addressing gaps in micro and small enterprise financing
chapter 5|24 pages
Establishment of the Credit Risk Database
part III|257 pages
Credit guarantee schemes and SME finance