How far can digital innovation improve credit to small firms in emerging market economies?

Julian Caballero, Sebastian Doerr, Aaron Mehrotra and Fabrizio Zampolli

No 99, BIS Bulletins from Bank for International Settlements

Abstract: Small and medium-sized enterprises (SMEs) in emerging market economies struggle to access credit, partly due to firms' short financial histories and lack of collateral. The rise of big tech and fintech lenders that make better use of data and digital innovation could reduce the need for collateral and improve SMEs' access to credit. However, big tech and fintech lending so far constitutes only a small share of the total. Digital innovation by itself may not be enough to substantially improve SME lending without further progress in overcoming more deep-seated obstacles.

Pages: 8 pages
Date: 2025-02-27
New Economics Papers: this item is included in nep-cfn, nep-ent, nep-fdg, nep-pay and nep-sbm
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.bis.org/publ/bisbull99.pdf Full PDF document (application/pdf)
https://www.bis.org/publ/bisbull99.htm (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bis:bisblt:99

Access Statistics for this paper

More papers in BIS Bulletins from Bank for International Settlements Contact information at EDIRC.
Bibliographic data for series maintained by Martin Fessler ().