Information Asymmetry and Bank Credit Rationing for Small and Medium-Sized Enterprises in Congo ()
ABSTRACT
This
work aims to analyze the factors that explain the bank credit rationing to
small and medium sized enterprises in Congo. Based on the survey made by the
BEA (2015) involving 289 small and medium sized enterprises (SMSE) related to
the access to credit very small and medium sized enterprises (SMSE) in Congo,
we achieve this objective by using the logistic regression. As results of
estimations, baking credit rationing in Congo is influenced by six variables
such as: submission of all information required by the banker to the client,
the capacity to present mortgage guarantee, choice of credit line, formal
accounting management, to be registered near the chamber of commerce, and have
invested early 12 months.
Share and Cite:
Antoine, N. , Stanislas, E. and Gustave, D. (2021) Information Asymmetry and Bank Credit Rationing for Small and Medium-Sized Enterprises in Congo.
Open Journal of Social Sciences,
9, 42-52. doi:
10.4236/jss.2021.97004.