ECB taken to task over SME finance in Central Banking debate


Central banks have "unreasonably neglected" the problem of small- and medium-sized enterprises' (SMEs) inability to access finance, according to participants in Central Banking Publication's latest On Air debate.

Richard Portes, a professor of economics at London Business School, said it was "unfortunate" that the European Central Bank (ECB) had not acted on SMEs' funding difficulties, and called for "more direct intervention" from the central bank.

Bill Allen, formerly the Bank of England's dep

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: