
High borrowing costs discourage Eastern European firms from tapping banks, says ECB paper

A high share of firms in Eastern Europe are discouraged to take out loans due to high interest rates, strict collateral conditions and extensive loan application procedures compared to firms in Western Europe, according to a European Central Bank paper published on February 3.
Martin Brown, Steven Ongena, Alexander Popov and Pinar Yesin, the paper's authors, use survey data covering 8,387 firms in 20 countries to compare credit demand and credit supply for firms in Eastern Europe to those for
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]