Abstract
The weakness of bank credit in the Eurozone reflects both a drop in business demand for funding and a more restrictive availability of funding from banks.
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Notes
- 1.
For a more detailed analysis of the listed methods, see OECD, New approaches to SME and entrepreneurship financing: Broadening the range of instruments, OECD, 2015.
- 2.
The Prime Collateralized Securities Initiative (PCS) is an independent, not-for-profit initiative set up to re-enforce the asset-backed securities market in Europe as a key to generating robust and sustainable economic growth for the region. At the heart of the PCS Initiative is the PCS Label, which is designed to enhance and promote good practice, and is awarded to specific asset-backed securities.
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Oricchio, G., Lugaresi, S., Crovetto, A., Fontana, S. (2017). European Funding of SMEs through Securitization: An Introduction. In: SME Funding. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-58608-7_3
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DOI: https://doi.org/10.1057/978-1-137-58608-7_3
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Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-137-58607-0
Online ISBN: 978-1-137-58608-7
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