Public Lending Schemes for SMEs in Asia and the Pacific: Lessons from the Republic of Korea and the United States

Publication | December 2021

This brief draws on experiences from the Republic of Korea and the United States to provide insights on how public lending schemes can support small and medium-sized enterprises (SMEs) in developing countries in Asia and the Pacific.

Due to perceived high risks and low liquidity, many SMEs in Asia and the Pacific find it challenging to access loans. Public lending schemes have proven successful in improving access to credit for SMEs in the Republic of Korea and the United States. In Asia and the Pacific, governments in developing countries should look to establish specialized banks and government-supported organizations to set up public lending schemes for SMEs.

Additional Details

Authors
Type
Series
Subjects
  • Finance sector development
  • Financial inclusion and microfinance
  • Small and medium enterprise (SME) financing
  • Industry and trade
  • Private sector development
Countries
  • Korea, Republic of
Pages
  • 14
Dimensions
  • 8.5 x 11
SKU
  • BRF210461-2
ISBN
  • 978-92-9269-177-6 (print)
  • 978-92-9269-178-3 (electronic)
ISSN
  • 2071-7202 (print)
  • 2218-2675 (electronic)

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