The report further highlighted that small firms with access to credit bureaus have a 40% chance of obtaining a loan, whereas firms without access to credit bureaus have only a 28% chance of receiving a loan. Therefore, significant opportunities exist to increase lending activities to MSMEs with the establishment of MSME credit bureaus.
Deep and coherent participation by the central banks in the public economic debate at the national and euro area level is needed. *** Transparency is useful also for other reasons besides retroactive accountability. It is important for policy effectiveness. Monetary policy is largely about managing expectations.