The effect of bank financing on the economic and non-economic performance of SMEs in Bangladesh

Small and medium-sized enterprises (SMEs) are often regarded as the key drivers of a country's economic growth. The lack of adequate financial resources will have an influence on the contributions of SMEs to economic progress. Bank financing can help SMEs get additional funds to help with busin...

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Main Authors: A., Nafiza, M. A., Zariyawati, M. B., Nor Yasmin
Format: Article
Published: Human Resource Management Academic Research Society 2024
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author A., Nafiza
M. A., Zariyawati
M. B., Nor Yasmin
author_facet A., Nafiza
M. A., Zariyawati
M. B., Nor Yasmin
author_sort A., Nafiza
collection UPM
description Small and medium-sized enterprises (SMEs) are often regarded as the key drivers of a country's economic growth. The lack of adequate financial resources will have an influence on the contributions of SMEs to economic progress. Bank financing can help SMEs get additional funds to help with business expansion. Nonetheless, numerous SMEs have reservations about the effectiveness of this type of finance in improving their business operations. As a result, the purpose of this research is to examine the impact of bank financing on the performance of SMEs in Bangladesh. This study employed a quantitative technique to attain its goals, delivering 403 questionnaires to SMEs in Bangladesh. The research reveals that bank financing improves both the economic and non-economic performance of Bangladesh's SMEs.
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spelling upm.eprints-1089112024-09-26T07:19:33Z http://psasir.upm.edu.my/id/eprint/108911/ The effect of bank financing on the economic and non-economic performance of SMEs in Bangladesh A., Nafiza M. A., Zariyawati M. B., Nor Yasmin Small and medium-sized enterprises (SMEs) are often regarded as the key drivers of a country's economic growth. The lack of adequate financial resources will have an influence on the contributions of SMEs to economic progress. Bank financing can help SMEs get additional funds to help with business expansion. Nonetheless, numerous SMEs have reservations about the effectiveness of this type of finance in improving their business operations. As a result, the purpose of this research is to examine the impact of bank financing on the performance of SMEs in Bangladesh. This study employed a quantitative technique to attain its goals, delivering 403 questionnaires to SMEs in Bangladesh. The research reveals that bank financing improves both the economic and non-economic performance of Bangladesh's SMEs. Human Resource Management Academic Research Society 2024-01-24 Article PeerReviewed A., Nafiza and M. A., Zariyawati and M. B., Nor Yasmin (2024) The effect of bank financing on the economic and non-economic performance of SMEs in Bangladesh. International Journal of Academic Research in Accounting, Finance and Management Sciences, 14 (1). pp. 206-217. ISSN 2225-8329 https://hrmars.com/index.php/IJARAFMS/article/view/19692/The-Effect-of-Bank-Financing-on-the-Economic-and-Non-economic-Performance-of-SMEs-in-Bangladesh 10.6007/ijarafms/v14-i1/19692
spellingShingle A., Nafiza
M. A., Zariyawati
M. B., Nor Yasmin
The effect of bank financing on the economic and non-economic performance of SMEs in Bangladesh
title The effect of bank financing on the economic and non-economic performance of SMEs in Bangladesh
title_full The effect of bank financing on the economic and non-economic performance of SMEs in Bangladesh
title_fullStr The effect of bank financing on the economic and non-economic performance of SMEs in Bangladesh
title_full_unstemmed The effect of bank financing on the economic and non-economic performance of SMEs in Bangladesh
title_short The effect of bank financing on the economic and non-economic performance of SMEs in Bangladesh
title_sort effect of bank financing on the economic and non economic performance of smes in bangladesh
work_keys_str_mv AT anafiza theeffectofbankfinancingontheeconomicandnoneconomicperformanceofsmesinbangladesh
AT mazariyawati theeffectofbankfinancingontheeconomicandnoneconomicperformanceofsmesinbangladesh
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AT anafiza effectofbankfinancingontheeconomicandnoneconomicperformanceofsmesinbangladesh
AT mazariyawati effectofbankfinancingontheeconomicandnoneconomicperformanceofsmesinbangladesh
AT mbnoryasmin effectofbankfinancingontheeconomicandnoneconomicperformanceofsmesinbangladesh