Published in:World Bank Policy Research Working Paper ; No. 6001
Extent:
1 Online-Ressource (25 p)
Language:
English
Origination:
Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 1, 2012 erstellt
Description:
Using the World Bank Enterprise Surveys, we investigate the prevalence and correlates of collateralized borrowing in 131 countries between 2005-2017. Overall, 77 percent of loans require collateral, and the median loan-to-collateral value is 60 percent. Small firms and loans from non-bank financial institutions are less often associated with collateral. When collateral is pledged, the type of collateral assets is strongly correlated with the loan-to-value ratio