Footnote:
In: Bank of England Quarterly Bulletin 2013 Q4
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 15, 2014 erstellt
Description:
This article presents the results of an investigation into the extent of loan forbearance in the SME sector and its implications for productivity and financial system resilience. Around 6% of SME borrowers were estimated to be in receipt of some form of loan forbearance in March 2013. This accounted for around 14% of the major five UK banks' exposure to this sector. SME forbearance appears to account for only a small proportion of the weakness in aggregate UK productivity and also seems unlikely to threaten financial system resilience