Small Medium Business

Theme curator: Yoshino, Naoyuki

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Database can help finance expanding SMEs

How can Asian SMEs realize their ambitions to grow and prosper? While they encounter the same risks and pitfalls facing all businesses, there are some special problems to watch out for if you are a small or medium-sized enterprise on the way up.

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Great promise of SME credit databases-- A credit risk database (CRD) makes it possible to mitigate the problem of information asymmetry between SMEs and financial institutions and contributes to improving SMEs’ access to finance by collecting a large number of financial statements through the mechanism of SME finances and establishing a robust statistical model.

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Features

  • Establishment of the Credit Risk Database: Concrete use to Evaluate the Creditworthiness of SMEs 

    Kuwahara, Satoshi; Yoshino, Naoyuki; Sagara, Megumi; Taghizadeh-Hesary, Farhad (Asian Development Bank Institute, 2019-02-28)
    The credit risk database (CRD) makes it possible to mitigate the problem of information asymmetry between SMEs and financial institutions and contributes to improving SMEs’ access to finance by collecting a large number of financial statements through ...
  • Fintech for Asian SMEs 

    Nemoto, Naoko; Yoshino, Naoyuki (Asian Development Bank Institute, 2019-05-15)
    SMEs play a vital role in the Asian economy and comprise about 70% of the workforce and GDP in the region. To enhance productivity and ensure sustainable growth in Asia, it is vital to provide smooth financing to SMEs. Traditionally, commercial banks ...