Information Asymmetry and Bank Credit Rationing for Small and Medium-Sized Enterprises in Congo

摘要

This work aims to analyze the factors that explain the bank credit rationing to small and medium sized enterprises in Congo. Based on the survey made by the BEA (2015) involving 289 small and medium sized enterprises (SMSE) related to the access to credit very small and medium sized enterprises (SMSE) in Congo, we achieve this objective by using the logistic regression. As results of estimations, baking credit rationing in Congo is influenced by six variables such as: submission of all information required by the banker to the client, the capacity to present mortgage guarantee, choice of credit line, formal accounting management, to be registered near the chamber of commerce, and have invested early 12 months.