You are looking at 1 - 1 of 1 items for :

  • Notes and Manuals x
  • Small business x
  • Corporate Finance x
  • Macroeconomics and Monetary Economics x
  • Industries: Financial Services x
  • Public aspects of medicine x
  • Global Financial Stability Notes x
  • Economic & financial crises & disasters x
  • Corporate Finance and Governance: General x
  • Financial and monetary sector x
  • United States x
  • International Economics x
  • Ownership & organization of enterprises x
  • Business and Management x
  • Financial crises x
  • Corporations--Finance x
  • Economics of specific sectors x
  • Asia and Pacific x
  • Refine By Language: English x
Clear All
Tao Sun
This note analyzes the economic impact of digital lending to micro and small sized enterprises (MSEs) in China during the coronavirus disease (COVID-19) pandemic. A preliminary analysis of a large pool of MSEs served by a digital bank indicates that digital banks were able to remotely evaluate borrowers and sustain lending during the pandemic, thereby facilitating the business continuity, sales growth, and financial inclusiveness of MSEs. In the global context, a policy framework—leveraging the advantages of digital banks and empowering digital banks, while guarding against possible financial stability risks—would further support small businesses during and after the COVID-19 pandemic.