Effective systems for secured transactions
and credit reporting can improve
access to finance for small and mediumsize
enterprises. This is confirmed by
the data for the expanded indicators on
getting credit, which this year also cover
the functional approach to secured
transactions, more features of the collateral
registry and the availability of
credit scores and online access to credit
information. Analysis of these data
shows a significant correlation between
better performance on the getting
credit indicators and higher levels of
domestic credit provided to the private
sector by financial institutions. Used in
conjunction with other indicators measuring
factors that affect firms’ access
to credit, the getting credit indicators
can contribute to a better understanding
of credit markets.