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                                                                      Unlocking lending in Europe

                                                                      • Publication information

                                                                        23 Oct 2014

                                                                      • Related tags

                                                                        • Economics

                                                                      Part of the series :

                                                                      • Thematic studies
                                                                      • Thematic studies
                                                                      PDF (EN)

                                                                      Description

                                                                      In the wake of the crisis, the capacity of many banks to lend to relatively high-risk sectors such as SMEs and young, innovative firms is seriously impaired by capital constraints and a strong deterioration in the quality of the assets on their balance sheets. Looking forward, it is vital that economic recovery in Europe is not constrained by an impaired banking sector. This paper provides an overview of the drivers of the stagnation of bank lending in Europe and discuss four main areas of opportunity for mitigating potential bank lending constraints: the further development of direct capital market financing alternatives for firms, the further development of securitisation, wider use of credit guarantee schemes and actions to address high ratios of non-performing loans.

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                                                                      • Smart Cities, Smart Investment in Central, Eastern and South-Eastern Europe
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                                                                      • Migration and the EU: Challenges, opportunities, the role of EIB
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                                                                      • Economic and Financial Reports Volume 03/2010
                                                                      • Economic and Financial Reports Volume 02/2010
                                                                      • Economic and Financial Reports Volume 01/2009
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                                                                      • Economic and Financial Reports Volume 01/2002
                                                                      • Economic and Financial Reports Volume 03/2001
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