A Partial Credit Guarantee : Enhancing Access to Credit Markets during Constrained Times
To Croatia, the ripples of the European financial crisis felt more like large waves! The challenging market conditions limited the ability of the Croatian Bank for Reconstruction and Development (HBOR) to raise funds efficiently without credit enha...
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| Format: | Publications & Research |
| Language: | English en_US |
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International Finance Corporation, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2014/06/23940167/null http://hdl.handle.net/10986/21469 |
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okr-10986-214692021-04-23T14:04:02Z A Partial Credit Guarantee : Enhancing Access to Credit Markets during Constrained Times Zaman Khan, Isfandyar ACCESS TO CREDIT ACCESS TO FINANCE ADVISORY SERVICES AMOUNT OF LOANS BANKING MARKET BANKS BENEFICIARIES BIDDING BORROWER BORROWING CAPACITY BUILDING CAPITAL MARKETS COMMERCIAL BANKS COMMERCIAL FINANCING COMMERCIAL LENDERS COMMERCIAL LOANS COMPETITIVE MARKET COMPETITIVENESS CORPORATE FINANCING CREDIT ENHANCEMENT CREDIT GUARANTEE CREDIT GUARANTEES CREDIT MARKETS CREDITORS CREDITWORTHINESS CROATIAN NATIONAL BANK DEBT DIRECT LOANS ECONOMIC ACTIVITY ELIGIBILITY CRITERIA EXPORTERS FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL RESOURCES FINANCING COST FLOW OF CREDIT FLOW OF FUNDS FOREIGN CREDITORS FOREIGN DIRECT INVESTMENT FOREIGN FINANCIAL INSTITUTIONS FOREIGN INVESTMENT FOREIGN INVESTMENTS FUNDING SOURCES GRACE PERIOD HOLDING INSTRUMENT INTEREST RATES INTERNATIONAL BANK INTERNATIONAL BANKING INTERNATIONAL INVESTORS INTERNATIONAL MARKETS LENDERS LEVERAGE LOAN LOAN PORTFOLIO LONG-TERM FINANCE LONG-TERM FUNDING LONG-TERM MATURITY MARKET CONDITIONS MARKET ENTRY MARKET ENVIRONMENT MARKET PARTICIPANTS MARKET PRICING MARKET VOLATILITY MATURITIES MATURITY MATURITY STRUCTURE NATIONAL BANK NEGOTIATION NEGOTIATIONS PARTIAL CREDIT PAYMENT DEFAULT PRINCIPAL PAYMENTS PRIVATE SECTOR CREDIT REAL ESTATE RECESSION REPAYMENT SPREAD TECHNICAL SUPPORT TRANSACTION TREASURY UNION To Croatia, the ripples of the European financial crisis felt more like large waves! The challenging market conditions limited the ability of the Croatian Bank for Reconstruction and Development (HBOR) to raise funds efficiently without credit enhancement. This in turn impeded a steady flow of credit to the private sector, which was necessary to enhance competitiveness ahead of Croatia s entry to the European Union in July 2013. In response to a request from the Croatian government, the World Bank decided that a Partial Credit Guarantee (PCG) would be the ideal instrument to assist HBOR. 2015-02-19T20:44:55Z 2015-02-19T20:44:55Z 2014-06 http://documents.worldbank.org/curated/en/2014/06/23940167/null http://hdl.handle.net/10986/21469 English en_US IFC smart lessons brief; CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Brief Europe and Central Asia Croatia |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS TO CREDIT ACCESS TO FINANCE ADVISORY SERVICES AMOUNT OF LOANS BANKING MARKET BANKS BENEFICIARIES BIDDING BORROWER BORROWING CAPACITY BUILDING CAPITAL MARKETS COMMERCIAL BANKS COMMERCIAL FINANCING COMMERCIAL LENDERS COMMERCIAL LOANS COMPETITIVE MARKET COMPETITIVENESS CORPORATE FINANCING CREDIT ENHANCEMENT CREDIT GUARANTEE CREDIT GUARANTEES CREDIT MARKETS CREDITORS CREDITWORTHINESS CROATIAN NATIONAL BANK DEBT DIRECT LOANS ECONOMIC ACTIVITY ELIGIBILITY CRITERIA EXPORTERS FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL RESOURCES FINANCING COST FLOW OF CREDIT FLOW OF FUNDS FOREIGN CREDITORS FOREIGN DIRECT INVESTMENT FOREIGN FINANCIAL INSTITUTIONS FOREIGN INVESTMENT FOREIGN INVESTMENTS FUNDING SOURCES GRACE PERIOD HOLDING INSTRUMENT INTEREST RATES INTERNATIONAL BANK INTERNATIONAL BANKING INTERNATIONAL INVESTORS INTERNATIONAL MARKETS LENDERS LEVERAGE LOAN LOAN PORTFOLIO LONG-TERM FINANCE LONG-TERM FUNDING LONG-TERM MATURITY MARKET CONDITIONS MARKET ENTRY MARKET ENVIRONMENT MARKET PARTICIPANTS MARKET PRICING MARKET VOLATILITY MATURITIES MATURITY MATURITY STRUCTURE NATIONAL BANK NEGOTIATION NEGOTIATIONS PARTIAL CREDIT PAYMENT DEFAULT PRINCIPAL PAYMENTS PRIVATE SECTOR CREDIT REAL ESTATE RECESSION REPAYMENT SPREAD TECHNICAL SUPPORT TRANSACTION TREASURY UNION |
| spellingShingle |
ACCESS TO CREDIT ACCESS TO FINANCE ADVISORY SERVICES AMOUNT OF LOANS BANKING MARKET BANKS BENEFICIARIES BIDDING BORROWER BORROWING CAPACITY BUILDING CAPITAL MARKETS COMMERCIAL BANKS COMMERCIAL FINANCING COMMERCIAL LENDERS COMMERCIAL LOANS COMPETITIVE MARKET COMPETITIVENESS CORPORATE FINANCING CREDIT ENHANCEMENT CREDIT GUARANTEE CREDIT GUARANTEES CREDIT MARKETS CREDITORS CREDITWORTHINESS CROATIAN NATIONAL BANK DEBT DIRECT LOANS ECONOMIC ACTIVITY ELIGIBILITY CRITERIA EXPORTERS FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL RESOURCES FINANCING COST FLOW OF CREDIT FLOW OF FUNDS FOREIGN CREDITORS FOREIGN DIRECT INVESTMENT FOREIGN FINANCIAL INSTITUTIONS FOREIGN INVESTMENT FOREIGN INVESTMENTS FUNDING SOURCES GRACE PERIOD HOLDING INSTRUMENT INTEREST RATES INTERNATIONAL BANK INTERNATIONAL BANKING INTERNATIONAL INVESTORS INTERNATIONAL MARKETS LENDERS LEVERAGE LOAN LOAN PORTFOLIO LONG-TERM FINANCE LONG-TERM FUNDING LONG-TERM MATURITY MARKET CONDITIONS MARKET ENTRY MARKET ENVIRONMENT MARKET PARTICIPANTS MARKET PRICING MARKET VOLATILITY MATURITIES MATURITY MATURITY STRUCTURE NATIONAL BANK NEGOTIATION NEGOTIATIONS PARTIAL CREDIT PAYMENT DEFAULT PRINCIPAL PAYMENTS PRIVATE SECTOR CREDIT REAL ESTATE RECESSION REPAYMENT SPREAD TECHNICAL SUPPORT TRANSACTION TREASURY UNION Zaman Khan, Isfandyar A Partial Credit Guarantee : Enhancing Access to Credit Markets during Constrained Times |
| geographic_facet |
Europe and Central Asia Croatia |
| relation |
IFC smart lessons brief; |
| description |
To Croatia, the ripples of the European
financial crisis felt more like large waves! The challenging
market conditions limited the ability of the Croatian Bank
for Reconstruction and Development (HBOR) to raise funds
efficiently without credit enhancement. This in turn impeded
a steady flow of credit to the private sector, which was
necessary to enhance competitiveness ahead of Croatia s
entry to the European Union in July 2013. In response to a
request from the Croatian government, the World Bank decided
that a Partial Credit Guarantee (PCG) would be the ideal
instrument to assist HBOR. |
| format |
Publications & Research |
| author |
Zaman Khan, Isfandyar |
| author_facet |
Zaman Khan, Isfandyar |
| author_sort |
Zaman Khan, Isfandyar |
| title |
A Partial Credit Guarantee : Enhancing Access to Credit Markets during Constrained Times |
| title_short |
A Partial Credit Guarantee : Enhancing Access to Credit Markets during Constrained Times |
| title_full |
A Partial Credit Guarantee : Enhancing Access to Credit Markets during Constrained Times |
| title_fullStr |
A Partial Credit Guarantee : Enhancing Access to Credit Markets during Constrained Times |
| title_full_unstemmed |
A Partial Credit Guarantee : Enhancing Access to Credit Markets during Constrained Times |
| title_sort |
partial credit guarantee : enhancing access to credit markets during constrained times |
| publisher |
International Finance Corporation, Washington, DC |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2014/06/23940167/null http://hdl.handle.net/10986/21469 |
| _version_ |
1764448343525687296 |