cat/credit-and-financial-information
SME Finance Forum member Kabbage, Inc. announced that it has extended over $4 billion to more than 130,000 small businesses, serving the largest customer base than any online small business lender. These landmarks represent an approximate 30-percent increase in total funding and total customers served since the company’s last milestone announcement in April 2017.
The study explores trends in SME financing over the past decade, and reasons that have contributed to high ratio of NPLs. The report includes several factors, such as SME Financing: A Comparative Overview, Breaking Down SME Financing and NPLs and Interventions Supporting SME Access to Finance.
Demand for credit increased in central, eastern and south-eastern Europe (CESEE) in the six months to September 2017 and supply conditions eased, according to the latest Bank Lending Survey (BLS) produced by the Vienna Initiative.
Across the client spectrum, supply conditions eased partially in the corporate segment, including SME lending, while credit standards have
tightened on mortgages and consumer credit. Credit demand from enterprises (primarily SMEs) and from households is expected to be robust (see Annex A.2).
BNP Paribas Asset Management entered into a strategic alliance with European alternative SME credit specialist Caple.
Through a strategic alliance and the acquisition of a 10 percent stake in Caple, BNP Paribas Asset Management is providing an innovative platform to offer alternative credit to European small and medium-sized enterprises (SMEs).
The Economist profiles Germany's third-biggest retail bank, which has no branches, but is highly profitable. ING-DiBa, an online bank owned by ING, the Netherlands’ biggest lender, looks after €133bn ($154bn) of deposits for over 8 million customers. ING-DiBa’s lack of branches keeps costs down, allowing it to resist charging for current accounts and offer savers a tad more than rivals, despite a recent cut; and it has won a name for good service in a country not renowned for it.
TD Bank conducted an online survey among small business owners whose annual revenue/sales is $1,000,000 or less. This April 2017 survey focuses on understanding business owner expectations, confidence, challenges and use of specific products.
This report is the third in a series of reports based on the 2016 Small Business Credit Survey (SBCS), a national collaboration of the 12 Reserve Banks of the Federal Reserve System, offering unique insight into important, often underserved, segments of the small business population. Results show that minority-owned firms are discouraged (i.e., they did not apply for new funding because they did not think they would be approved) at much higher rates than non-minority-owned firms.
How do small businesses that apply to online alternative lenders compare to those that apply to traditional financial institutions only? And in what ways do their experiences with lenders differ? This analysis draws from data in the Federal Reserve’s 2015 Small Business Credit Survey to examine these questions. Among the main findings: Firms using online lenders tend to be smaller, younger, and less profitable than firms using traditional lenders, and are more likely to be minority-owned.
Startups—small businesses that were five-years-old or younger in 2016 with full- or part-time employees—make up 34% of all small employer firms and are drivers of U.S. job growth. Results from the Small Business Credit Survey show that while startups have stronger growth and more optimism than mature firms, they have greater credit risk and experience more financial challenges.
This report addresses several important borrower-centric questions:
The Bangladesh Institute of Bank Management (BIBM) presented a paper titled “Impact of some financing on Banks probability: an enquiry across banks in Bangladesh” on November 5, 2017.
