Strategic group lending for banks

Credit institutions often refuse to lend money to small firms. Usually, this happens because small firms are not able to provide collateral to lenders. Moreover, given the small amount of required loans, the relative cost of full monitoring is too high for lenders. Group lending contracts have been...

Full description

Bibliographic Details
Main Authors: Marco Spallone, Pina Murè
Format: Article
Language:English
Published: LLC "CPC "Business Perspectives" 2018-03-01
Series:Banks and Bank Systems
Subjects:
Online Access:https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/10157/BBS_2018_01_Spallone.pdf