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Author: Hitiyise Samuel
Publisher: GRIN Verlag
ISBN: 3346459128
Category : Business & Economics
Languages : en
Pages : 58
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Book Description
Bachelor Thesis from the year 2021 in the subject Business economics - Investment and Finance, grade: second class upper division, , course: Accounting, language: English, abstract: The study was guided by analyzing the contribution of commercial banks in economic development of SMEs The target population for the study consisted of registered SMEs in KCBR as their clients.A descriptive research design as well as an explanatory research design was used. The study used Bouchard formula to sample SMEs and then used random sampling to select the 105 SMEs. The respondents of the study were the owners and managers of the SMEs. The study used questionnaires to collect quantitative data using closed ended questions . Data analysis will be done using SPSS statistical software version 21. Descriptive statistics (Frequencies, Means and Standard deviation) and inferential statistics (Correlations and regression) were used in analysis. A multiple linear regression model was used for analysis and all tests were conducted at 5% level of significance. The study findings indicated that banking services are positively related with economic development of SMEs. The study concluded that commercial banks in Nyarugenge district are favorable. The study also concluded commercial bank services are effective and they economic development of SMEs significantly. SMEs in Rwanda suffer from weak financial performance and a high failure rate. Scholars argue that judging by the poor economic development of the informal sector, not much progress seems to have been achieved, despite government efforts to promote SME activity. Some of the key factors attributed to this poor performance is access to financial services. Therefore, the purpose of this study was to examine the contribution of commercial banks in economic development of SMEs Normally, SMES play vital and significant contributors to economic development through their critical role in providing job opportunities and reducing poverty levels, an estimated number of up to 40% of the start-ups SMEs fail by year 2 and at least 60% close their doors by year 4. This menace is attributed to poor financial management among small businesses. Accessing credit is a major constraint to the economic development and growth of SMEs and also to poor rural and urban households. This is mainly due to the behavior of lenders in terms of hedging against borrowers’ risks by demanding collateral, which they lack, and also information asymmetry.
Author: Hitiyise Samuel
Publisher: GRIN Verlag
ISBN: 3346459128
Category : Business & Economics
Languages : en
Pages : 58
Get Book Here
Book Description
Bachelor Thesis from the year 2021 in the subject Business economics - Investment and Finance, grade: second class upper division, , course: Accounting, language: English, abstract: The study was guided by analyzing the contribution of commercial banks in economic development of SMEs The target population for the study consisted of registered SMEs in KCBR as their clients.A descriptive research design as well as an explanatory research design was used. The study used Bouchard formula to sample SMEs and then used random sampling to select the 105 SMEs. The respondents of the study were the owners and managers of the SMEs. The study used questionnaires to collect quantitative data using closed ended questions . Data analysis will be done using SPSS statistical software version 21. Descriptive statistics (Frequencies, Means and Standard deviation) and inferential statistics (Correlations and regression) were used in analysis. A multiple linear regression model was used for analysis and all tests were conducted at 5% level of significance. The study findings indicated that banking services are positively related with economic development of SMEs. The study concluded that commercial banks in Nyarugenge district are favorable. The study also concluded commercial bank services are effective and they economic development of SMEs significantly. SMEs in Rwanda suffer from weak financial performance and a high failure rate. Scholars argue that judging by the poor economic development of the informal sector, not much progress seems to have been achieved, despite government efforts to promote SME activity. Some of the key factors attributed to this poor performance is access to financial services. Therefore, the purpose of this study was to examine the contribution of commercial banks in economic development of SMEs Normally, SMES play vital and significant contributors to economic development through their critical role in providing job opportunities and reducing poverty levels, an estimated number of up to 40% of the start-ups SMEs fail by year 2 and at least 60% close their doors by year 4. This menace is attributed to poor financial management among small businesses. Accessing credit is a major constraint to the economic development and growth of SMEs and also to poor rural and urban households. This is mainly due to the behavior of lenders in terms of hedging against borrowers’ risks by demanding collateral, which they lack, and also information asymmetry.
Author: Ali Issa Abdi
Publisher: Praeger Publishers
ISBN:
Category : Banks and banking
Languages : en
Pages : 168
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Book Description
Monograph on the role of banking systems (esp. Commercial banks) in economic development in East Africa for the period from 1950 to 1973 - covers institutional framework, banks and capital formation, resource allocation, savings-investment processes, state participation, etc., and analyses changes in banking systems during the postindependence period. Bibliography pp. 143 to 148, graphs and statistical tables.
Author: Sehrish Rasool
Publisher:
ISBN:
Category :
Languages : en
Pages : 21
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Book Description
The research paper examines the participation of commercial banks financing fund to production level of SMEs in Pakistan. The scholar reviews related to this research work suggests that SMEs contribute more than half of the economic establishments in economies of the world; and so as SMEs in Pakistan add their massive amount of contribution in national economic growth and development. Being as an economic growth catalyst for economy of Pakistan, this sector is under negative macroeconomic conditions that result into negative economic growth since year 2009. Besides other macroeconomic variables, market fund deficiency has been resulting into lack of access to finance and hence hampers the SMEs production. Whereas, access to finance available to SMEs in-terms of working capital finance, trade finance and fixed investment, is limited only through commercial banks than other sectors of fund arrangement. With the major data sources from State Bank of Pakistan publications and Ministry of Finance of Pakistan, the analysis reveals negative growth in private sector financing to SMEs from all scheduled banks. So as, the negative marginal contribution of Private, Public, Islamic and specialized banks to SME financing exclusively relates with the declining SME national output. The research concludes that commercial banks are core source for SME borrowing and hence rationally affect the production of SMEs in terms of working capital requirement. A fiscal policy adjustment along with monetary and capital market innovations is highly desirable to avoid SME sector vulnerability in global and regional competitiveness.
Author: Will Bartlett
Publisher: Springer Science & Business Media
ISBN: 9781402070402
Category : Business & Economics
Languages : en
Pages : 352
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Book Description
Since the end of the Kosovo war in 1999, increasing attention has been paid to the problems of economic development and reconstruction in South-East Europe. In a context of limited resources, small and medium sized enterprises (SMEs) have a key role to play in creating jobs and building a dynamic entrepreneurial economy. Small Enterprise Development In South-East Europe presents important findings from recent empirical research on key factors, which hinder sustainable SME growth in South-East Europe. Finance is identified as a critical barrier to growth, and the role of commercial banks, micro-finance institutions and credit cooperatives in assisting growth is addressed. Yet finance alone is not enough. A rebuilding of social capital, a reduction of the unofficial or grey economy, and the promotion of inter-firm networks and clusters are also of vital importance in promoting sustainable growth. The book concludes with critical analyses of SME policies in Albania, Croatia, and Macedonia, countries which hitherto have received little attention in the literature. Small Enterprise Development in South-East Europe will be of great interest to policy makers, business consultants, and academics and post-graduate students working on economic development and reconstruction in South-East Europe.
Author: Keswarjeet Sharma
Publisher:
ISBN: 9789471944327
Category :
Languages : en
Pages : 0
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Book Description
The role of commercial banks in entrepreneurship development is crucial for fostering economic growth and creating a conducive environment for entrepreneurial activities. Commercial banks play a vital role by providing financial assistance, guidance, and support to budding entrepreneurs. This description focuses on their role in entrepreneurship development, with a special reference to Hailakandi District in Assam. Commercial banks act as a reliable source of funding for entrepreneurs, offering various loan schemes tailored to meet their specific business needs. They provide capital for starting a business, expanding operations, procuring equipment, and investing in research and development. By extending credit facilities, commercial banks enable entrepreneurs to bring their innovative ideas to life and contribute to job creation and economic development. In Hailakandi District, commercial banks have been instrumental in promoting entrepreneurship by establishing branch offices and offering localized financial services. They actively participate in government-led initiatives to uplift entrepreneurial spirit and provide financial literacy programs to educate potential entrepreneurs about loan procedures, risk management, and financial planning. Moreover, commercial banks offer non-financial support in the form of business advisory services and mentorship programs. They share valuable insights, market trends, and industry expertise, enabling entrepreneurs to make informed decisions and enhance their business strategies. By facilitating entrepreneurship, commercial banks contribute to poverty alleviation, social inclusion, and regional development. They act as catalysts for economic growth, job creation, and wealth generation. Additionally, their involvement in entrepreneurship development enhances financial inclusion by extending banking services to underprivileged sections of society, promoting inclusive growth. In conclusion, the role of commercial banks in entrepreneurship development is vital for fostering economic growth, job creation, and wealth generation. Their contribution in Hailakandi District, Assam, plays a significant role in empowering local entrepreneurs, stimulating the local economy, and creating a favorable ecosystem for entrepreneurship to thrive.
Author: Nawazeesh Muhammad Ali
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Commercial bank can play crucial role in Bangladesh economy. Trust Bank Limited is one of the leading private commercial banks having a spread network at the country. This paper mainly focused on the extensive work of Trust Bank Ltd. to alleviate poverty from the country such as SMEs, agriculture, women entrepreneurs, CSR campaigns, green projects like Bio-gas, Solar Panel, ETP etc. To examine the average relationship between total net profit and internal indicators, multiple regression analysis will be done. Time period of the study is 2006 to 2015. Credit business is going to be a popular business among the customer of Trust bank Ltd. based on findings of regression analysis. As suggested by the author TBL must work more efficiently for socio-economic development of the country. To channel saving-investment process and creating employment opportunities, TBL should prepare and execute their strategic plan properly.
Author: Leora Klapper
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 39
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Book Description
"Around the world, factoring is a growing source of external financing for corporations and small and medium-size enterprises (SMEs). What is unique about factoring is that the credit provided by a lender is explicitly linked to the value of a supplier ' s accounts receivable and not the supplier ' s overall creditworthiness. Therefore, factoring allows high-risk suppliers to transfer their credit risk to their high-quality buyers. Factoring may be particularly useful in countries with weak judicial enforcement and imperfect records of upholding seniority claims because receivables are sold, rather than collateralized, and factored receivables are not part of the estate of a bankrupt SME. Empirical tests find that factoring is larger in countries with greater economic development and growth and developed credit information bureaus. In addition, the author finds that creditor rights are not related to factoring ... " -- Cover verso.
Author: Woldie, Atsede
Publisher: IGI Global
ISBN: 152252701X
Category : Business & Economics
Languages : en
Pages : 322
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Book Description
Entrepreneurial endeavors are a pivotal driving force behind the modern business sector. These enterprises play a significant role in the development and sustainability of a nation’s economy. Financial Entrepreneurship for Economic Growth in Emerging Nations is an innovative reference source for the latest scholarly research on strategies and techniques for financing small and medium-sized enterprises in the context of developing nations. Including a range of pertinent topics such as microinsurance, risk management, and advertising, this book is ideal for managers, academics, professionals, graduate students, and practitioners interested in the dynamics of financial entrepreneurship.
Author: Mengsteab Tesfayohannes
Publisher:
ISBN:
Category : Ethiopia
Languages : de
Pages : 328
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Book Description
Author: World Bank
Publisher: World Bank Publications
ISBN: 1464814414
Category : Business & Economics
Languages : en
Pages : 241
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Book Description
Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
