Tuesday, June 28, 2011

Banks blamed for the state that do not lend to small businesses

Unstable and non-transparent fiscal environment - the main reason for inactivity of the market of bank lending to small and medium-sized businesses. This opinion was expressed by participants in the meeting of the Financial Press Club "Lending to small and medium-sized businesses", held at the initiative of the NGO "League of financial development and with the support of OPEN Knowledge, the Kiev Chamber of Commerce and the weekly" Mirror of the week. Ukraine. As Chairman of the Board of Finance and credit "Vladimir Khlyvnyuk, small and medium business now gives banks a few loan applications. According to the banker, is due to the lack of clear business plans to develop their own business, which in turn was caused by uncertainty in the short term following the adoption of the Tax Code. According to Deputy Director of Corporate Business "Erste Bank" Andrew Tolochko if the company is not sure or can not clearly predict their actions in the coming year, three or five years, respectively, it can not take a firm and clear decisions on investment projects. Therefore, according to chief director of corporate business Pravex Bank Victor smooth, creating a favorable investment climate, comfortable, legal, permitting system, the proper fiscal management is more important to encourage the development of SMEs, their lending than the direct financial support from the state . Mirror on the materials of the Week

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