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Banking and SME Financing, a Difficult Relationship: Lessons from a Survey into Tunisian Banks

In: Financial Systems Integration of Balkan Countries in the European Financial System: Impact of Global Crisis

Author

Listed:
  • Hajer El Ouardani

    (ESSEC - University of Tunis)

Abstract

SMEs financing is a major challenge that most developed as well developing or in transition countries have to taken up. In the case of Tunisia, this type of firms forms the backbone of the economy and provides undoubtedly a key role in its development. However, these SMEs suffer from underfunding, lacking of own resources; and therefore, they are prime candidates to demand bank loans. In this paper, through a questionnaire survey conducted among Tunisian banks, we highlight and analyze the behavior of these banks facing these small firms seeking financial sources for their investment.

Suggested Citation

  • Hajer El Ouardani, 2009. "Banking and SME Financing, a Difficult Relationship: Lessons from a Survey into Tunisian Banks," Book Chapters, in: Claude Berthomieu & Jean-Paul Guichard & Dejan Eric & Srdjan Redzepagic (ed.), Financial Systems Integration of Balkan Countries in the European Financial System: Impact of Global Crisis, edition 1, volume 1, chapter 12, pages 102-110, Institute of Economic Sciences.
    • Handle: RePEc:ibg:chaptr:finsys-12
    as

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    References listed on IDEAS

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    5. Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
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