Original scientific paper
The impact of the Covid - 19 pandemic on SME crediting in region of Istria
Edo Cetina
orcid.org/0000-0001-7735-1800
; Istarsko Veleučilište, Pula, Hrvatska
Andrea Vareško
Abstract
The paper analyzes the impact of the COVID pandemic on lending to small and medium enterprises through credit lines in which the County of Istria and cities in the County of Istria cofinance interest rates. The pandemic, which was declared in March, had global consequences for society as a whole, particularly affecting the business of small and medium-sized enterprises. This research provides an overview of how many loans have been placed in Region of Istria in order to mitigate the negative consequences for small and medium enterprises through the placement of interest-bearing loans. The Government of the Republic of Croatia has adopted a number of measures to preserve economic stability in order to facilitate business for entrepreneurs in the circumstances resulting from the global pandemic. The public administration contributed in the form of co-financing interest on business loans along with other measures to help the economy, all in order to mitigate the negative economic consequences for the local economy.
Keywords
credit lines, small and medium enterprises, pandemic COVID - 19, banking sector, Region of Istria
Hrčak ID:
286691
URI
Publication date:
30.6.2022.
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