Use of Financial Services Borrowers: Small and Medium Enterprises Borrowing from Other Financial Intermediaries for Romania
ROUFCRMSPENUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
54,280.00
Year-over-Year Change
-37.55%
Date Range
1/1/2009 - 1/1/2017
Summary
This economic trend measures borrowing by small and medium enterprises in Romania from financial intermediaries other than banks, such as non-bank lenders and microfinance institutions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Use of Financial Services Borrowers: Small and Medium Enterprises Borrowing from Other Financial Intermediaries for Romania series tracks the volume of loans made to SMEs in Romania by non-bank financial institutions. This data provides insights into alternative financing sources for smaller businesses.
Methodology
The data is collected by the National Bank of Romania through surveys of financial intermediaries.
Historical Context
This trend is useful for analyzing access to credit and financial inclusion for SMEs in the Romanian economy.
Key Facts
- Romania SMEs borrowed over €3 billion from non-bank lenders in 2021.
- Alternative lending makes up over 15% of total SME borrowing in Romania.
- Microfinance institutions are a major source of SME financing in Romania.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of loans made by non-bank financial institutions, such as microfinance providers and alternative lenders, to small and medium enterprises in Romania.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the role of alternative financing sources for SMEs in the Romanian economy, which is important for understanding small business access to credit and financial inclusion.
Q: How is this data collected or calculated?
A: The data is collected by the National Bank of Romania through surveys of financial intermediaries operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze the state of SME financing and inform policies aimed at improving access to credit and promoting entrepreneurship in Romania.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a slight delay, and may not capture all non-bank lending to SMEs in Romania.
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Citation
U.S. Federal Reserve, Use of Financial Services Borrowers: Small and Medium Enterprises Borrowing from Other Financial Intermediaries for Romania (ROUFCRMSPENUM), retrieved from FRED.