Arbeitspapier
Role of the Credit Risk Database in developing SMEs in Japan: Lessons for the rest of Asia
Small and medium-sized enterprises (SMEs) play a significant role in Asian economies as they contribute to high shares of employment and output. However, SMEs generally have limited access to finance compared to large enterprises. Given the bank-dominated financial systems in Asia, banks are the main source of financing for SMEs. For financial institutions, it is crucial to distinguish sound SMEs from non-healthy ones in order to avoid the accumulation of non-performing loans. Information asymmetry in this sector can be reduced by using accumulated data on SMEs and by employing credit analysis techniques, allowing lending institutions to recognize healthy SMEs. It is crucial for governments to collect SME data and prepare rich databases, such as the Credit Risk Database (CRD) of Japan. This will also help governments to formulate economic policies. In this paper we define and describe in detail the role and characteristics of Japan's CRD in SME development and explain how it can be an example for other Asian economies to establish similar soft infrastructure that can make important contributions to SME development and boost economic growth.
- Language
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Englisch
- Bibliographic citation
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Series: ADBI Working Paper ; No. 547
- Classification
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Wirtschaft
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Investment Banking; Venture Capital; Brokerage; Ratings and Ratings Agencies
Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- Subject
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SME finance
Credit Risk Database
risk models
- Event
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Geistige Schöpfung
- (who)
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Kuwahara, Satoshi
Yoshino, Naoyuki
Sagara, Megumi
Taghizadeh-Hesary, Farhad
- Event
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Veröffentlichung
- (who)
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Asian Development Bank Institute (ADBI)
- (where)
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Tokyo
- (when)
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2015
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Kuwahara, Satoshi
- Yoshino, Naoyuki
- Sagara, Megumi
- Taghizadeh-Hesary, Farhad
- Asian Development Bank Institute (ADBI)
Time of origin
- 2015
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The neurophysiological lesson from the Italian CIDP database
Japanese SMEs and the credit guarantee system after the global financial crisis
A credit risk model for Italian SMEs
SMEs view on german banks credit process
The employment consequences of SMEs' credit constraints in the wake of the great recession
The employment consequences of SMEs' credit constraints in the wake of the Great Recession
Effects of access to credit on the performance of SMEs in the Congo
The applicability of the Edmister model for the assessment of credit risk in Crotian SMEs
Lessons Learned from the Updated GEWEX Cloud Assessment Database
Was Easy Access to Credit an Obstacle to the Competitiveness of Spanish Smes?
Establishment of the credit risk database: Concrete use to evaluate the creditworthiness of SMEs
Financing of the SMEs in the European Union Through Credit Institutions
The neurophysiological lesson from the Italian CIDP database
Japanese SMEs and the credit guarantee system after the global financial crisis
A credit risk model for Italian SMEs
SMEs view on german banks credit process
The employment consequences of SMEs' credit constraints in the wake of the great recession
The employment consequences of SMEs' credit constraints in the wake of the Great Recession
Effects of access to credit on the performance of SMEs in the Congo
The applicability of the Edmister model for the assessment of credit risk in Crotian SMEs
Lessons Learned from the Updated GEWEX Cloud Assessment Database