Достъпът до финансовата инфраструктура като фактор за качеството на търговското кредитиране
Access to financial infrastructure as a factor for quality of commercial credit

Author(s): Krasimira Naydenova
Subject(s): Economy
Published by: Икономически университет - Варна
Keywords: commercial credit; credit registers; financial infrastructure; information asymmetry
Summary/Abstract: Commercial credit secures the bulk of the financing of Bulgarian companies, it exceeds twice the amount of bank lending. At the same time, the access to the financial infrastructure, providing information on the credit history and the financial situation of the Bulgarian companies, is settled and timely for the financial institutions, but related to the overcoming of several obstacles for the other creditors. The resulting information asymmetry, therefore, worsens the credit portfolios of Bulgarian traders and producers and reduces access to finance through commercial credit for emerging companies.

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