Mexico Financial Sector Assessment Program : SME Finance
Major reforms and public sector efforts in recent years have focused on improving conditions for increased private sector financing. However, and despite numerous financial institutions operating in the market, financial services penetration remain...
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/683341507875651705/Mexico-SME-finance-technical-note http://hdl.handle.net/10986/28601 |
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okr-10986-286012021-05-25T09:04:51Z Mexico Financial Sector Assessment Program : SME Finance World Bank Group International Monetary Fund ACCESS TO FINANCE SME FINANCE SMEs SMALL AND MEDIUM ENTERPRISE MICROFINANCE GUARANTEES FINANCIAL INFRASTRUCTURE CREDIT REPORTING REGULATION Major reforms and public sector efforts in recent years have focused on improving conditions for increased private sector financing. However, and despite numerous financial institutions operating in the market, financial services penetration remains low. While much progress has been made, challenges remain in terms of affordability and ease of access to finance. Banks are a major source of funding to the private sector and small and medium enterprise (SMEs) in particular, with highly standardized credit products. Other Financial Institutions (OFIs) face a number of growth and market development challenges to effectively serve the lower end of the SME segment, including funding difficulties and institutional capacity. The government plays a critical role through the development banks in promoting credit to SMEs through guarantees and second tier finance programs. The legal framework for immovable collateral (real estate) is affected by high origination costs and lengthy enforcement procedures. The legal framework for movable collateral (equipment, inventory, accounts receivables, and cash) has been modernized. Challenges remain to unify the legal framework and address enforcement delays. 2017-10-30T16:16:57Z 2017-10-30T16:16:57Z 2016-07 Report http://documents.worldbank.org/curated/en/683341507875651705/Mexico-SME-finance-technical-note http://hdl.handle.net/10986/28601 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Financial Sector Assessment Program Economic & Sector Work Latin America & Caribbean Mexico |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCESS TO FINANCE SME FINANCE SMEs SMALL AND MEDIUM ENTERPRISE MICROFINANCE GUARANTEES FINANCIAL INFRASTRUCTURE CREDIT REPORTING REGULATION |
| spellingShingle |
ACCESS TO FINANCE SME FINANCE SMEs SMALL AND MEDIUM ENTERPRISE MICROFINANCE GUARANTEES FINANCIAL INFRASTRUCTURE CREDIT REPORTING REGULATION World Bank Group International Monetary Fund Mexico Financial Sector Assessment Program : SME Finance |
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Latin America & Caribbean Mexico |
| description |
Major reforms and public sector efforts
in recent years have focused on improving conditions for
increased private sector financing. However, and despite
numerous financial institutions operating in the market,
financial services penetration remains low. While much
progress has been made, challenges remain in terms of
affordability and ease of access to finance. Banks are a
major source of funding to the private sector and small and
medium enterprise (SMEs) in particular, with highly
standardized credit products. Other Financial Institutions
(OFIs) face a number of growth and market development
challenges to effectively serve the lower end of the SME
segment, including funding difficulties and institutional
capacity. The government plays a critical role through the
development banks in promoting credit to SMEs through
guarantees and second tier finance programs. The legal
framework for immovable collateral (real estate) is affected
by high origination costs and lengthy enforcement
procedures. The legal framework for movable collateral
(equipment, inventory, accounts receivables, and cash) has
been modernized. Challenges remain to unify the legal
framework and address enforcement delays. |
| format |
Report |
| author |
World Bank Group International Monetary Fund |
| author_facet |
World Bank Group International Monetary Fund |
| author_sort |
World Bank Group |
| title |
Mexico Financial Sector Assessment Program : SME Finance |
| title_short |
Mexico Financial Sector Assessment Program : SME Finance |
| title_full |
Mexico Financial Sector Assessment Program : SME Finance |
| title_fullStr |
Mexico Financial Sector Assessment Program : SME Finance |
| title_full_unstemmed |
Mexico Financial Sector Assessment Program : SME Finance |
| title_sort |
mexico financial sector assessment program : sme finance |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/683341507875651705/Mexico-SME-finance-technical-note http://hdl.handle.net/10986/28601 |
| _version_ |
1764467254420832256 |