0
Your cart

Your cart is empty

Books > Business & Economics > Finance & accounting > Finance > Banking

Buy Now

British Business Banking - The Failure of Finance Provision for SMEs (Hardcover) Loot Price: R2,577
Discovery Miles 25 770
British Business Banking - The Failure of Finance Provision for SMEs (Hardcover): Michael Lloyd

British Business Banking - The Failure of Finance Provision for SMEs (Hardcover)

Michael Lloyd

Series: Finance Matters

 (sign in to rate)
Loot Price R2,577 Discovery Miles 25 770 | Repayment Terms: R242 pm x 12*

Bookmark and Share

Expected to ship within 12 - 17 working days

Why are British banks so risk averse when it comes to providing long-term loan finance to businesses? In Europe the dominance of bank lending in the financing of small and medium sized enterprises (SMEs) is well-observed. Yet in the UK exactly the opposite is the case, where most SME funding is via bank overdrafts and credit cards. The roots of this significant difference lie partly in the historical, institutional, political and cultural structure of the British banking system, and in parallel explanatory factors in the UK SME population, but the real mystery is why, in the twentieth century, there appears to have been no significant change in the attitudes of British banks towards providing long-term loan finance to SMEs. Indeed, this risk aversion might have been expected to alter during the postwar period and the substantial expansion of consumer demand and expanded commodity production, but it did not. This book explores not only how the historical formation of British banking structures produced such a relatively risk-averse arrangement compared to other European countries and the United States, but also why this banking attitude has persisted to the present day. The book concludes with a suite of recommendations necessary for British banks to provide a more balanced mix of financial provision to SMEs.

General

Imprint: Agenda Publishing
Country of origin: United Kingdom
Series: Finance Matters
Release date: February 2021
Authors: Michael Lloyd
Dimensions: 234 x 156 x 24mm (L x W x T)
Format: Hardcover
Pages: 180
ISBN-13: 978-1-78821-301-1
Categories: Books > Business & Economics > Finance & accounting > Finance > Banking
Books > Money & Finance > Banking
Promotions
LSN: 1-78821-301-7
Barcode: 9781788213011

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!

You might also like..

Capitec - Stalking Giants
T J Strydom Paperback R320 R300 Discovery Miles 3 000
Capitec - Stryd Met Die Grotes
T J Strydom Paperback R320 R300 Discovery Miles 3 000
Creature from Jekyll Island
Edward G Griffin Paperback R1,433 Discovery Miles 14 330
Banking Union for Europe - Risks and…
Thorsten Beck Paperback R494 Discovery Miles 4 940
The Future of Banking
Thorsten Beck Paperback R426 Discovery Miles 4 260
The Lords of Easy Money - How the…
Christopher Leonard Paperback R539 R262 Discovery Miles 2 620
Shutdown - How Covid Shook The World's…
Adam Tooze Paperback R405 R320 Discovery Miles 3 200
Personal Loans
Jim Stephens Paperback R353 Discovery Miles 3 530
Advanced Introduction to Central Banks…
Jakob de Haan, Christiaan Pattipeilohy Paperback R661 Discovery Miles 6 610
Research Handbook of Financial Markets
Refet S. Gürkaynak, Jonathan H. Wright Hardcover R7,099 Discovery Miles 70 990
Lombard Street - a Description of the…
Walter Bagehot Paperback R611 Discovery Miles 6 110
Islamic Social Finance - Waqf…
Shafinar Ismail, M K Hassan, … Hardcover R2,624 Discovery Miles 26 240

See more

Partners