Economics, Econometrics and Finance
8 years ago

European banks boost SME financing during financial crisis, aiding growth.

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DOAJ (DOAJ: Directory of Open Access Journals)
Multilateral Development Banks and Their Role in Supporting European SMEs during the Current Financial Crisis
Sorin Gabriel Anton

Paper Summary

The financial crisis has made it hard for small businesses to get money. Multilateral development banks like the European Investment Bank Group and the European Bank for Reconstruction and Development are helping out. They gave more money to small businesses from 2008 to 2011. These banks are working to make it easier for small businesses to get the money they need to grow.

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