Facilitating SME Financing through Improved Credit Reporting

• 查看报告

作者：

International Committee on Credit Reporting

来源地址：

http://hdl.handle.net/10986/21810

关键词：

ACCESS TO CAPITAL;  ACCESS TO CREDIT;  ACCESS TO FINANCING;  ACCESS TO INFORMATION;  ACCOUNTS RECEIVABLES;  ADMINISTRATIVE BURDEN;  ALTERNATIVE FINANCING;  ANTI-MONEY LAUNDERING;  ANTI-MONEY LAUNDERING LEGISLATION;  ARREARS;  ASYMMETRIC INFORMATION;  AVAILABILITY OF CREDIT;  BALANCE SHEET;  BALANCE SHEETS;  BANK LOANS;  BANKING AUTHORITY;  BANKING SUPERVISION;  BANKING SYSTEM;  BANKRUPTCIES;  BANKRUPTCY;  BANKRUPTCY FILINGS;  BANKRUPTCY LAWS;  BANKS;  BENEFITS OF CREDIT;  BORROWING;  BROAD ACCESS;  BUSINESS ACTIVITIES;  BUSINESS ACTIVITY;  BUSINESS INFORMATION;  BUSINESS OWNERS;  BUSINESS PEOPLE;  BUSINESS PLAN;  CAPITAL INJECTIONS;  CAPITAL MARKETS;  CAPITAL REQUIREMENTS;  CASH ADVANCE;  CHAMBER OF COMMERCE;  CHECKING ACCOUNT;  COMMERCIAL BANKS;  COMMERCIAL LENDING;  COMMERCIAL TRANSACTIONS;  CONSUMER CREDIT;  CONSUMER LENDING;  CONSUMER PROTECTION;  CONTRACT ENFORCEMENT;  COOPERATIVE BANKS;  CORRUPTION;  COST OF CREDIT;  CREDIT APPLICATION;  CREDIT BUREAU;  CREDIT BUREAUS;  CREDIT CARD;  CREDIT CARDS;  CREDIT FACILITY;  CREDIT GAP;  CREDIT GUARANTEE;  CREDIT GUARANTEES;  CREDIT HISTORIES;  CREDIT HISTORY;  CREDIT HISTORY INFORMATION;  CREDIT INFORMATION;  CREDIT MANAGEMENT;  CREDIT MARKET;  CREDIT MARKETS;  CREDIT PERFORMANCE;  CREDIT POLICIES;  CREDIT RATING;  CREDIT RATING AGENCIES;  CREDIT RATINGS;  CREDIT REGISTRIES;  CREDIT RELATIONSHIP;  CREDIT REPORT;  CREDIT REPORTING;  CREDIT REPORTS;  CREDIT RISK;  CREDIT RISK MANAGEMENT;  CREDIT RISKS;  CREDIT SCORES;  CREDITOR;  CREDITOR RIGHTS;  CREDITORS;  CREDITWORTHINESS;  CURRENT ACCOUNT;  DEBT;  DEBT INSTRUMENTS;  DEBTOR;  DEBTORS;  DEPOSIT;  DEPOSIT RELATIONSHIP;  DEVELOPMENT BANK;  DEVELOPMENT BANKS;  DIRECT FINANCING;  DIRECT LOAN;  DISCRIMINATION;  DOMESTIC BANKS;  E-COMMERCE;  ECONOMIC ACTIVITIES;  ECONOMIC DEVELOPMENT;  ECONOMIC GROWTH;  EXPENDITURES;  EXPLOITATION;  EXTERNAL CREDIT;  EXTERNAL FINANCE;  EXTERNAL FINANCING;  FACILITATION;  FAIR ACCESS;  FINANCE CORPORATION;  FINANCIAL CAPACITY;  FINANCIAL CREDITORS;  FINANCIAL CRISES;  FINANCIAL FRAUD;  FINANCIAL INFORMATION;  FINANCIAL INSTITUTION;  FINANCIAL INSTITUTIONS;  FINANCIAL INTERMEDIARY;  FINANCIAL MARKET;  FINANCIAL OBLIGATION;  FINANCIAL OBLIGATIONS;  FINANCIAL POSITION;  FINANCIAL PRODUCTS;  FINANCIAL REPORTING;  FINANCIAL SERVICES;  FINANCIAL STABILITY;  FINANCIAL STATEMENTS;  FINANCING CONSTRAINT;  FINANCING CONSTRAINTS;  FINANCING FACILITIES;  FINANCING FACILITY;  FINANCING NEEDS;  FIXED ASSETS;  FORMAL FINANCIAL INSTITUTIONS;  GOOD CREDIT;  GOVERNMENT BONDS;  GUARANTEE SCHEME;  GUARANTORS;  GUARANTY;  ID;  INDEBTEDNESS;  INFORMATION ABOUT CREDIT;  INFORMATION ASYMMETRIES;  INFORMATION SERVICE;  INFORMATION SHARING;  INSURANCE;  INTEREST RATES;  INTERNAL FINANCING;  INTERNATIONAL BANK;  INTERNATIONAL FINANCE;  JOB CREATION;  JUDGMENT;  LACK OF INFORMATION;  LARGE FIRMS;  LATE PAYMENTS;  LEGAL AUTHORITY;  LEGAL ENVIRONMENT;  LENDER;  LENDERS;  LETTER OF CREDIT;  LETTERS OF CREDIT;  LIMITED ACCESS;  LIMITED ACCESS TO FINANCE;  LINE OF CREDIT;  LOAN;  LOAN AMOUNTS;  LOAN OFFICER;  LOAN SIZE;  MERCHANTS;  MONEYLENDERS;  MORAL HAZARD;  MORTGAGES;  MOVABLE COLLATERAL;  MUTUAL FUNDS;  NEED FOR CREDIT;  NEW BUSINESS;  OUTSTANDING LOAN;  OVERDRAFT;  OVERDRAFTS;  PAYMENT DEFAULTS;  PEER LENDING;  POTENTIAL BORROWERS;  POTENTIAL DEBTORS;  PROBABILITY OF DEFAULT;  PROPERTY AS COLLATERAL;  PROPERTY RIGHTS;  PROTECTION OF PROPERTY;  PUBLIC POLICY;  REAL ESTATE;  REGULATORY FRAMEWORK;  REGULATORY OVERSIGHT;  REIMBURSABLE GRANTS;  REPAYMENT;  REPAYMENT CAPACITY;  REPAYMENT PERIOD;  REPAYMENT SCHEDULES;  RESERVE BANK;  RISK MANAGEMENT;  SAVINGS;  SAVINGS ACCOUNT;  SECURITIES;  SETTLEMENTS;  SHORT-TERM FINANCING;  SMALL BUSINESS;  SMALL BUSINESS ADMINISTRATION;  SMALL BUSINESSES;  SOCIAL SECURITY;  SOLVENCY;  SOURCES OF FINANCE;  START-UP;  START-UPS;  TERM CREDIT;  TRADE CREDIT;  TRADE CREDITOR;  TRADE CREDITORS;  TYPES OF CREDITORS;  UNFAIR COMPETITION;  UNION;  UNIVERSAL BANKS;  VENTURE CAPITAL;  WAREHOUSE;  WORKING CAPITAL;  Report; 

年份：

2014

出版地：

Washington,USA

语种：

English

摘要：

The general principles for credit reporting were issued by the World Bank in September 2011. Since then, the World Bank and the international committee on credit reporting (ICCR) have been leading efforts towards the implementation of the general principles worldwide. This report is one of the concrete outputs of the work following the general principles. It addresses one of the most significant problems that limit the ability of most small and medium enterprises (SMEs) around the world to obtain adequate external financing to underpin their productive activities: information asymmetries. Creditors assess the creditworthiness of credit and loan applicants based on two basic criteria: ones financial capacity or ability to repay a loan, and ones willingness to repay the loan. A credit reporting system s (CRS) basic objective is to address information asymmetries, which is crucial for determining repayment capacity and repayment willingness. Credit reporting can therefore be extremely valuable to creditors for enhanced, fact-based credit risk assessments, and in this sense can also be seen as a tool to facilitate access to financing, including by SMEs. The main objective of this report is therefore to identify actions that can be undertaken by authorities and other relevant policy makers to improve the flow of data and other relevant credit information on SMEs to creditors through CRS. For this purpose, the report first analyses the overall status of credit reporting activities in connection with SMEs.