TY - GEN T1 - EIB Working Papers 2019/09 - The impact of international financial institutions on small and medium enterprises A1 - Petriček, Matic A1 - Rop, Anton A1 - Gereben, Áron A1 - Winkler, Adalbert A2 - European Investment Bank LA - eng PB - European Investment Bank YR - 2021 UL - https://ebooks.jgu.edu.in/Record/doab-20.500.12854-29211 AB - IFIs provide funding for SMEs, but what impact does this actually have on these firms? This working paper assesses the impact of funding by the EIB on the performance of more than 5,000 SMEs in eight countries in Central and Eastern Europe during 2008-2014. Using propensity score matching and difference-in-difference estimation exercises, it indicates that EIB lending has had a positive effect on employment, revenues and profitability. This holds whether or not the economy is in a period of crisis or recovery. SN - 9789286143519 KW - Business & Economics KW - Finance KW - General KW - thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry ER -