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중소기업금융의 이해(A Study on the SME Finance of Korea)

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Frame of Image 을 통해 필요자금을 조달해 왔다. 그 결과 중소기업의 간접금융 의존 도는 매우 높았고, 이와 같은 추세는 특히 외환위기 이후 상당히 빠른 속도로 진 행되고 있다. 이러한 상황에서 시중은행들이 건전성과 수익성을 높이기 위해 대 출을 회수하거나 대출금리를 인상할 경우 중소기업의 경영사정이 악화될 것은 자 명하며, 시중은행을 통해 자금조달이 어려운 중소기업이 정책금융에 관심을 쏟 는 것 역시 당연한 귀결이라 하겠다. 그렇다고 하여 자금난에 시달리는 중소기업 을 수수방관하거나 모든 중소기업에 정책금융을 지원해 줄 수도 없을 것이다. 본 보고서는 중소기업 발전의 장애요소, 우리나라와 주요국의 중소기업 정책 금융 현황, 중소기업금융의 특징과 문제점은 물론 향후 중소기업금융이 활성화 되기 위한 방안까지 제시하고 있어 가히 중소기업금융에 관한 종합연구서라 불 릴 만한 가치를 지니고 있다. 본 보고서는 한국금융연구원 금융산업 및 제도연
구실 실장을 역임하고 있는 김동환 박사가 작성한 것으로, 익명의 심사위원의 논평 및 민성희 연구원의 노력에 힘입어 상당 부분 질적 개선이 이루어질 수 있 었다. 끝으로 본 보고서의 내용은 필자 개인의 의견으로 한국금융연구원의 공식 견해가 아님을 밝혀둔다.
2008년 11월
한국금융연구원 원장 이 동 걸
목
요약
차
Ⅰ. 서 론 ·································· 1 ·································· ·································· Ⅱ. 우리나라 중소기업금융의 현황 ·····················3 ···················· ···················· 1. 개관 ································· 3 ································· ································ 2. 수요 측면 ······························11 ····························· ····························· 3. 공급 측면 ······························17 ····························· ····························· Ⅲ. 중소기업 정책금융 ···························25 ·························· ·························· 1. 중소기업 정책금융의 의의 ·····················25 ···················· ···················· 2. 우리나라의 중소기업 정책금융 : 현황 및 향후 전개방향 ···· 30 ···· ···· 3. 주요 선진국의 중소기업 정책금융 ················ 40 ················ ················ Ⅳ. 중소기업금융의 특징과 문제점 ····················


Full Text
Title 중소기업금융의 이해(A Study on the SME Finance of Korea)
Similar Titles
Material Type Reports
Author(Korean)

김동환

Publisher

서울:한국금융연구원

Date 2008-11
Series Title; No 금융조사보고서 / 2008-04
ISBN 89-503-0382-5 93320
Pages 137
Subject Country South Korea(Asia and Pacific)
Language Korean
File Type Documents
Original Format pdf
Subject Economy < Financial Policy
Industry and Technology < Entrepreneurship
Holding 한국금융연구원; KDI 국제정책대학원

Abstract

SMEs(small and medium enterprises) have been recognized as a driving force that can create new employment and technology. There is also a tremendous need to promote innovative SMEs to resolve the polarization of economy and to lead a sustainable growth. The government has established and re-established a foundation for SME financing policy to address these issues. However, not a few innovative SMEs can always be driven out from the SME financing policy and financial market either by adverse selection problems or by moral hazard problems.
Credit assessment of SMEs requires both financial statements and non-financial information. However, most financial institutions lack SME experts and non-financial information databases. Also, SMEs have different financing needs, which cannot readily be satisfied only by loans from commercial financial institutions. The commercial financial institutions rely too much on collateral or secured loans, and they are also very sensitive to the business cycle; therefore, exacerbate it by lending too heavily at the top of the cycle and causing a credit crunch when the economy is weak and credit is most needed. Another serious problem of SME finance is the extreme risk aversion on the part of commercial financial institutions; they generally issue short-term loans, and this naturally renders SME finance unstable. As a result, blue chip companies and gray-zone enterprises are accorded much better interest rates and much larger loans.
This report addresses some key elements of SME finance. First, SMEs must be properly valued according to their business risk and financial need varying throughout the life-cycle. Second, SMEs should be granted all necessary forms of support, e.g., creation of a comprehensive financial database, integration of financial support system, etc. The database must include inter-business credit, collateral, guarantee, and tax information, as well as general financial statements, which should be shared among financial institutions engaged in SME finance. Third, each financial institutions should have a client-friendly support system under which SMEs voluntarily report their credit information and financial needs on a standard form. Fourth, the government should integrate and rationalize the public finance and guarantee system, and offer financial consulting service to SMEs to encourage their use of direct financing. Other important considerations for SME finance such as collateralized or insured loan, inter-business credit, relationship-banking system are discussed as well.