ECB reports on latest survey of SMEs’ access to finance
Industry News | 04/06/18
The European Central Bank (ECB) has published a report on the results of its latest survey on the access to finance of small and medium-sized enterprises (SMEs) in the euro area, covering the period from October 2017 to March 2018. The survey found that SMEs continued to indicate improvements in availability of external sources of finance, although fewer SMEs reported falling interest rates on bank loans. The survey also found a lower, albeit still high, percentage of SMEs reporting increasing turnover and profits.