publication . Article . 2013

ACCESS TO FINANCE FOR SMEs BY CREDIT GUARANTEE SCHEMES IN TURKEY

Sarigul, Hasmet;
Open Access English
  • Published: 01 Dec 2013 Journal: International Journal of Business and Management Studies (issn: 1309-8047, eissn: 1309-8047, Copyright policy)
  • Publisher: Social Sciences Research Society
Abstract
Credit guarantee schemes assist banks in lending to SMEs by overcoming collateral problems. The guarantees are used to share the risk between the bank and the guarantee institution in an agreed ratio. Thus, the bank’s risk and operation costs are lowered and its returns increased. This encourages banks to lend to SMEs who are unable to provide adequate collateral. In our study, we investigate the relationship between SMEs, banks and CGSs. We also aimed to explain the functioning of CGSs in Turkey and to evaluate their performance. In this respect, we determined some ratios of CGSs in Turkey and compared with some of the EU countries using data for a six year per...
Subjects
free text keywords: Social Sciences, H, Commerce, HF1-6182, Business, HF5001-6182, Credit, Guarantee, SMEs

Boocock, Grahame and Shariff, Moohd N. M.(2005), ''Measuring the Effectiveness of Credit Guarantee Sschemes'', International Small Business Journal, Volume 23(4). [OpenAIRE]

De Alwis, Sharmini and Basnayake B. M. R.(2009), ''Credit Guarantee Schemes in Sri Lanka-Way Forward'', Journal for SME Development, Volume 14, Taiwan.

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publication . Article . 2013

ACCESS TO FINANCE FOR SMEs BY CREDIT GUARANTEE SCHEMES IN TURKEY

Sarigul, Hasmet;