WHEN ARM'S LENGTH IS TOO FAR: RELATIONSHIP BANKING OVER THE BUSINESS CYCLE A NEW EBRD WORKING PAPER SHOWS SMALL BUSINESSES SUFFER FEWER CREDIT CONSTRAINTS DURING A FINANCIAL CRISIS WHEN LOCAL BANKS KNOW THEM WELL

LONDON -- The following information was released by the European Bank for Reconstruction and Development (EBRD): Following the global financial crisis, policy-makers' attention has focussed on lending to SMEs, as [...]