Financial services of business entities, their tasks and functions

Fig.3 : Financial Depth − Comparison 2019

Small business loans and microcredits as a percentage of GDP slightly declined from 8.0% to 7.9% and from 1.7% to 1.6%, respectively. The decline was related to the reduction of shares of the loans for small business and microcredits in total bank loans. The share of small businesses in the loan portfolio is growing due to a decline in the corporate segment and currently accounts for 18% (see Figure 4). The share of small businesses in the loan portfolio is growing due to a decline in the corporate segment and currently accounts for 18%.