Banking System Credit to Small and Medium Scale Enterprises (SMEs) and Economic Growth in Nigeria: A Co-integration Approach

Abstract

Abstract:This study examined the impact of banking system credit to small and medium scale enterprises (SMEs)

Impact of Commercial Banks’ Lending to Small and Medium Scale Enterprises on Economic Growth of Nepal

“…The low economic growth over the past few years is the result of the agricultural sector growth, remittance income from abroad. The inability of banks to provide the required credit to SMEs, leads the entrepreneurs to rely on the personal saving for working capital needs thus making it difficult to operate at full capacity and increase in sales and output (Uremadu et al, 2014). The result reveals that the excessive protection policy from the bank for SMEs lending has affected the growth and development of the SMEs in Nepal.…”

Analysis Banking Role to Performance Improvement on Indonesia Small Medium Enterprises

“…SMEs play a role in economic development and providing jobs in a country. Small and medium enterprises SMEs contribute greatly in improving a country's economy (Anyanwu, 2001;Afolabi, 2012;Uremadu et al, 2014). Small and medium enterprises (SMEs) result in creating more direct jobs compared to big enterprises.…”

“…Small and medium enterprises (SMEs) result in creating more direct jobs compared to big enterprises. SMEs are training grounds to those who want to develop technical and entrepreneurial skills (Kira, 2013;Uremadu et al, 2014). Quaye et al (2014), Microfinance has succeeded in the provision of finance and gradually helps SMEs to acquire financial assistance.…”

“…Many microfinance institutions acknowledge that the market is large enough to accommodate the traditional and universal banks. SMEs are determined to dominate their market share before the open market competition is in full effect in a country (Uremadu et al, 2014;Theriou, 2016;Havlicek et al, 2013;Breckova and Havlicek, 2013;Anureev et al, 2017).…”

“…Economic growth in one country is strongly influenced by the role of microfinance in supporting the existence of SMEs. Sustainability of SMEs supported by banks affects social welfare improvement (Anyanwu, 2001;Afolabi, 2012;Joseph & Dansu, 2013;Quaye et al, 2014;Katua, 2014;Uremadu et al, 2014;Breckova, 2016).…”