Digital Banking Support to Small Businesses Amid COVID-19

Digital Banking Support to Small Businesses Amid COVID-19
Author: Tao Sun
Publisher: International Monetary Fund
Total Pages: 16
Release: 2021-06-29
Genre: Business & Economics
ISBN: 1513585193

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This note analyzes the economic impact of digital lending to micro and small sized enterprises (MSEs) in China during the coronavirus disease (COVID-19) pandemic. A preliminary analysis of a large pool of MSEs served by a digital bank indicates that digital banks were able to remotely evaluate borrowers and sustain lending during the pandemic, thereby facilitating the business continuity, sales growth, and financial inclusiveness of MSEs. In the global context, a policy framework—leveraging the advantages of digital banks and empowering digital banks, while guarding against possible financial stability risks—would further support small businesses during and after the COVID-19 pandemic.


Digital Banking Support to Small Businesses Amid COVID-19
Language: en
Pages: 16
Authors: Tao Sun
Categories: Business & Economics
Type: BOOK - Published: 2021-06-29 - Publisher: International Monetary Fund

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This note analyzes the economic impact of digital lending to micro and small sized enterprises (MSEs) in China during the coronavirus disease (COVID-19) pandemi
The Promise of Fintech
Language: en
Pages: 83
Authors: Ms.Ratna Sahay
Categories: Business & Economics
Type: BOOK - Published: 2020-07-01 - Publisher: International Monetary Fund

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Technology is changing the landscape of the financial sector, increasing access to financial services in profound ways. These changes have been in motion for se
Fintech, Small Business and the American Dream
Language: en
Pages: 285
Authors: Karen G. Mills
Categories: Banks and banking
Type: BOOK - Published: 2024 - Publisher: Springer Nature

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Small businesses are the backbone of the U.S. economy. They are the biggest job creators and offer a path to the American Dream. But for many, it is difficult t
Digital finance and inclusion in the time of COVID-19
Language: en
Pages: 94
Authors: Benni, N.
Categories: Technology & Engineering
Type: BOOK - Published: 2021-01-04 - Publisher: Food & Agriculture Org.

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The COVID-19 pandemic has impacted digital financial inclusion trends across the world in many and complex ways. In developing and emerging contexts, this crisi
Estimating Digital Infrastructure Investment Needs to Achieve Universal Broadband
Language: en
Pages: 34
Authors: Edward Oughton
Categories: Business & Economics
Type: BOOK - Published: 2023-02-10 - Publisher: International Monetary Fund

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We develop a detailed model to evaluate the necessary investment requirements to achieve affordable universal broadband. The results indicate that approximately