The Status of Bank Lending to SMEs in the Middle East and North Africa Region : Results of a Joint Survey of the Union of Arab Bank and the World Bank

Rocha, Roberto; Farazi, Subika; Khouri, Rania; Pearce, Douglas

dc.creator	Rocha, Roberto
dc.creator	Farazi, Subika
dc.creator	Khouri, Rania
dc.creator	Pearce, Douglas
dc.date	2012-03-19T18:01:16Z
dc.date	2012-03-19T18:01:16Z
dc.date	2011-03-01
dc.date.accessioned	2023-02-17T20:55:29Z
dc.date.available	2023-02-17T20:55:29Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110324082812
dc.identifier	http://hdl.handle.net/10986/3373
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/244337
dc.description	Among the principal constraints for SME lending is the lack of SME transparency, poor credit information from credit registries and bureaus, and weak creditor rights. If constraints can be addressed, lending can potentially reach bank targets of 21 percent. State banks still play an important role in financing SMEs in the MENA region, but they use less sophisticated risk management systems than private banks. On another hand, credit guarantee schemes are a popular form of support to SME finance in the region, and are associated with higher levels of SME lending. The paper concludes that MENA policy makers should prioritize improvements in financial infrastructure, including greater coverage and depth of credit bureaus, improvements in the collateral regime (especially for movable assets), and increased competition between banks and also non-banks. Weaknesses in insolvency regimes and credit reporting systems should also be alleviated. Direct policy interventions through public banks, guarantee schemes, lower reserve requirements and subsidized lending and other measures have played a role in compensating for MENA's weak financial infrastructure, but more sustainable structural solutions are needed.
dc.language	English
dc.relation	Policy Research working paper ; no. WPS 5607
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	ACCESS TO CREDIT
dc.subject	ACCESS TO EXTERNAL FINANCE
dc.subject	ACCESS TO FINANCE
dc.subject	ASSET FINANCING
dc.subject	BANK COMPETITION
dc.subject	BANK FINANCING
dc.subject	BANK LENDING
dc.subject	BANK LOAN
dc.subject	BANK LOANS
dc.subject	BANK POLICY
dc.subject	BANKING ASSOCIATIONS
dc.subject	BANKING INDUSTRY
dc.subject	BANKING MARKETS
dc.subject	BANKING SERVICES
dc.subject	BANKING SYSTEM
dc.subject	BANKING SYSTEMS
dc.subject	BANKRUPTCY
dc.subject	BANKRUPTCY LAWS
dc.subject	BANKS
dc.subject	BORROWING
dc.subject	BRANCH NETWORK
dc.subject	BRANCH NETWORKS
dc.subject	BUSINESS CENTER
dc.subject	CASH MANAGEMENT
dc.subject	COLLATERAL
dc.subject	COLLATERAL REGIME
dc.subject	COLLATERAL REGIMES
dc.subject	COLLATERAL REQUIREMENTS
dc.subject	COMMODITY PRICE
dc.subject	COMPETITION POLICY
dc.subject	CONTRACT ENFORCEMENT
dc.subject	CORPORATE MARKET
dc.subject	COST OF CREDIT
dc.subject	COUNTRY COMPARISONS
dc.subject	CREDIT BUREAU
dc.subject	CREDIT BUREAUS
dc.subject	CREDIT GUARANTEE
dc.subject	CREDIT GUARANTEES
dc.subject	CREDIT INFORMATION
dc.subject	CREDIT INFORMATION SYSTEMS
dc.subject	CREDIT REGISTRIES
dc.subject	CREDIT REGISTRY
dc.subject	CREDIT REPORTING
dc.subject	CREDIT REPORTING SYSTEMS
dc.subject	CREDIT RISK
dc.subject	CREDIT SCORES
dc.subject	CREDIT SCORING
dc.subject	CREDIT SUBSIDIES
dc.subject	CREDITOR
dc.subject	CREDITOR RIGHTS
dc.subject	CREDITORS
dc.subject	CURRENCY
dc.subject	CURRENT ACCOUNTS
dc.subject	DEBT
dc.subject	DEFAULT PROBABILITY
dc.subject	DEPENDENT
dc.subject	DEPOSIT
dc.subject	DEPOSITS
dc.subject	DEVELOPING COUNTRIES
dc.subject	DOMESTIC BANKS
dc.subject	DUMMY VARIABLE
dc.subject	ECONOMIC ACTIVITY
dc.subject	ECONOMICS
dc.subject	EMPLOYMENT
dc.subject	ENABLING ENVIRONMENT
dc.subject	ENABLING ENVIRONMENTS
dc.subject	ENTRY REQUIREMENTS
dc.subject	EXCHANGE RATES
dc.subject	EXPENDITURES
dc.subject	FACTORING
dc.subject	FEMALE CLIENTS
dc.subject	FINANCE CONSTRAINTS
dc.subject	FINANCE CORPORATION
dc.subject	FINANCIAL DEVELOPMENT
dc.subject	FINANCIAL INFRASTRUCTURE
dc.subject	FINANCIAL INSTITUTION
dc.subject	FINANCIAL INSTITUTIONS
dc.subject	FINANCING OBSTACLES
dc.subject	FORECLOSURE
dc.subject	FOREIGN BANKS
dc.subject	GENDER
dc.subject	GOOD CREDIT
dc.subject	GOVERNMENT INTERVENTION
dc.subject	GOVERNMENT OWNERSHIP
dc.subject	GUARANTEE SCHEME
dc.subject	GUARANTEE SCHEMES
dc.subject	HOUSING
dc.subject	HOUSING LOANS
dc.subject	INDIVIDUAL BANK
dc.subject	INDIVIDUAL BANKS
dc.subject	INFORMATION ASYMMETRIES
dc.subject	INSOLVENCY
dc.subject	INSOLVENCY REGIMES
dc.subject	INSTRUMENT
dc.subject	INSURANCE
dc.subject	INTEREST RATE
dc.subject	INTEREST RATE CEILINGS
dc.subject	INTEREST RATE CONTROLS
dc.subject	INTEREST RATES
dc.subject	INTEREST SUBSIDIES
dc.subject	INTERNATIONAL BANK
dc.subject	INTERNATIONAL BANKS
dc.subject	INTERNATIONAL FINANCE
dc.subject	INVESTMENT FINANCE
dc.subject	INVESTMENT LOANS
dc.subject	INVESTMENT PURPOSES
dc.subject	ISLAMIC FINANCE
dc.subject	LACK OF ACCESS
dc.subject	LARGE BANKS
dc.subject	LARGE FIRMS
dc.subject	LEASED ASSETS
dc.subject	LEGAL CONSTRAINTS
dc.subject	LEGAL FRAMEWORK
dc.subject	LEGAL RIGHTS
dc.subject	LENDERS
dc.subject	LENDING DECISION
dc.subject	LENDING DECISIONS
dc.subject	LENDING TECHNIQUES
dc.subject	LINE OF CREDIT
dc.subject	LIQUIDATION
dc.subject	LOAN
dc.subject	LOAN DECISION
dc.subject	LOAN OFFICERS
dc.subject	LOAN PERFORMANCE
dc.subject	LOAN PORTFOLIO
dc.subject	LOAN PORTFOLIOS
dc.subject	LONG-TERM LENDING
dc.subject	MACROECONOMIC INSTABILITY
dc.subject	MANDATES
dc.subject	MARKET CONDITIONS
dc.subject	MARKET SHARE
dc.subject	MATURITY
dc.subject	MOVABLE ASSETS
dc.subject	MOVABLE COLLATERAL
dc.subject	NOTARIES
dc.subject	NUMBER OF BANKS
dc.subject	OUTREACH
dc.subject	OUTSTANDING CREDIT
dc.subject	OWNERSHIP RIGHTS
dc.subject	OWNERSHIP STRUCTURES
dc.subject	PARTIAL CREDIT
dc.subject	POOR CREDIT
dc.subject	PRIVATE BANK
dc.subject	PRIVATE BANKS
dc.subject	PRIVATE CREDIT
dc.subject	PRIVATE CREDIT BUREAU
dc.subject	PRIVATE CREDIT BUREAUS
dc.subject	PROFITABILITY
dc.subject	PRUDENTIAL REGULATIONS
dc.subject	PUBLIC BANKS
dc.subject	PUBLIC CREDIT
dc.subject	PUBLIC REGISTRIES
dc.subject	PUBLIC REGISTRY
dc.subject	RATING SYSTEMS
dc.subject	REAL ESTATE
dc.subject	RECOVERY RATE
dc.subject	REGIONAL BANKS
dc.subject	REGISTRY OFFICIALS
dc.subject	RELATIONSHIP BANKING
dc.subject	RELATIONSHIP LENDING
dc.subject	REORGANIZATION
dc.subject	REPAYMENT
dc.subject	REPOSSESSION
dc.subject	RESERVE
dc.subject	RESERVE REQUIREMENTS
dc.subject	RESERVES
dc.subject	RETURNS
dc.subject	RISK MANAGEMENT
dc.subject	RISK MANAGEMENT SYSTEMS
dc.subject	SECONDARY MARKETS
dc.subject	SHARE OF INVESTMENT
dc.subject	SMALL BANKS
dc.subject	SMALL BUSINESS
dc.subject	SMALL ENTERPRISE
dc.subject	START-UP
dc.subject	STATE BANKS
dc.subject	STATISTICAL ANALYSIS
dc.subject	STRENGTH OF CREDITOR RIGHTS
dc.subject	SUBSIDIARIES
dc.subject	SUPPLY CHAIN
dc.subject	SUPPLY CHAINS
dc.subject	TAX
dc.subject	TAX TREATMENT
dc.subject	TRADE FINANCE
dc.subject	TRANSPARENCY
dc.subject	TURNOVER
dc.subject	UNION
dc.subject	WEAK ASSET
dc.subject	WEAK COLLATERAL
dc.subject	WHOLESALE BANKS
dc.subject	WORKING CAPITAL
dc.title	The Status of Bank Lending to SMEs in the Middle East and North Africa Region : Results of a Joint Survey of the Union of Arab Bank and the World Bank
dc.type	Publications & Research :: Policy Research Working Paper
dc.coverage	Middle East and North Africa
dc.coverage	Middle East and North Africa
dc.coverage	Middle East and North Africa