期刊名称：International Journal of Business and Management Studies
电子版ISSN：1309-8047
出版年度：2013
卷号：5
期号：2
出版社：Social Sciences Research Society
摘要：Credit guarantee schemes assist banks in lending to SMEs by overcoming collateral problems. The guarantees are used to share the risk between the bank and the guarantee institution in an agreed ratio. Thus, the bank’s risk and operation costs are lowered and its returns increased. This encourages banks to lend to SMEs who are unable to provide adequate collateral. In our study, we investigate the relationship between SMEs, banks and CGSs. We also aimed to explain the functioning of CGSs in Turkey and to evaluate their performance. In this respect, we determined some ratios of CGSs in Turkey and compared with some of the EU countries using data for a six year period from 2006 to 2011. The results show that CGSs in Turkey are increasing their performance of supporting SMEs, but they should increase their effort to reach the average level of AECM member countries.
