| Popis: |
We survey previous studies on relationship banking and insurance purchase activities in SMEs (Small and Medium-Sized Enterprises) finance. While they consistently find both competition and M&A (Merger and Acquisition) in the banking industry lower interest rate and that the relationship between banks and SMEs contribute to availability of funds, some of them lead to different results on the role of relationship banking. Furthermore, previous studies on insurance purchase activities in SMEs finance are extremely scarce. Empirical evidence in these fields will be needed in the future studies. |
