Tabs navigation
Credit guarantee schemes in Sri Lanka
Many small and medium manufacturing businesses were under threat in the late 1970s when Sri Lanka ended its protectionist policies in favour of a more open economy. To address this, the Central Bank began a series of credit guarantee schemes with the aim of inducing banks to lend tootherwise risky SMEs. This article describes how the schemes have changed, introducing features to reduce the default rate and to make the guarantee fund self-financing.
Many small and medium manufacturing businesses were under threat in the late 1970s when Sri Lanka ended its protectionist policies in favour of a more open economy. To address this, the Central Bank began a series of credit guarantee schemes with the aim of inducing banks to lend to
otherwise risky SMEs. This article describes how the schemes have changed, introducing features to reduce the default rate and to make the guarantee fund self-financing.
otherwise risky SMEs. This article describes how the schemes have changed, introducing features to reduce the default rate and to make the guarantee fund self-financing.
Tabs navigation
- Development impact bonds: learning from the Asháninka cocoa and coffee case in Peru
- Trade-off between outreach and sustainability of microfinance institutions: evidence from sub-Saharan Africa
- Value chain development for rural poverty reduction: A reality check and a warning
- Impact assessment of commodity standards: towards inclusive value chains
- What is cocoa sustainability? Mapping stakeholders’ socio-economic, environmental, and commercial constellations of priorities
Browse our other journals
