| Name: | Description: | Size: | Format: | |
|---|---|---|---|---|
| 2.35 MB | Adobe PDF |
Authors
Advisor(s)
Abstract(s)
O objectivo é analisar como é feita a gestão de risco de crédito das PME nas instituições financeiras com a entrada em vigor das regras do Acordo Basileia II, enquanto atravessamos um dos cenários de uma das mais graves crises financeiras da nossa história. Tendo em conta estes factores e a importância deste tipo de empresas para a economia nacional, a principal questão, é como os bancos irão financiar a sua actividade.
Através de um estudo realizado nas PME do sector metalúrgico, verificou-se que o preço e concessão de crédito dependem essencialmente de uma estimativa pequena da probabilidade de insolvência das PME, calculada implementando modelos de insolvência prescritos por Basileia II, que por sua vez, será integrada no modelo que determinará o preço final da operação.
De acordo com o nosso estudo, conclui-se que o Acordo Basileia II, têm implicações no acesso ao financiamento e no seu custo efectivo para as PME, mostrando-se ainda, que o efeito sobre o preço de uma operação gera prociclicidade de crédito e, portanto, sobre a economia onde as PME são particularmente vulneráveis.
ABSTRACT: The aim is to analyze how is the management of credit risk of SMEs in financial institutions with the entry into force of the rules of Basel II, as we go through one of the scenarios of the most serious financial crises in our history. Given these factors and the importance of such firms to the national economy, the main issue is how banks will finance its activities. Through a study on SMEs in the metal sector, it was found that the price and credit depend essentially an estimate of the probability of small SME insolvency, insolvency models calculated by implementing prescribed by Basel II, which in turn will integrated into the model to determine the final price of the transaction. According to our study, it is concluded that the Basel II Accord, have implications on access to finance and cost effective for SMEs is still showing that the effect on the price of an operation generates procyclicality of credit and therefore on the economy where SMEs are particularly vulnerable.
ABSTRACT: The aim is to analyze how is the management of credit risk of SMEs in financial institutions with the entry into force of the rules of Basel II, as we go through one of the scenarios of the most serious financial crises in our history. Given these factors and the importance of such firms to the national economy, the main issue is how banks will finance its activities. Through a study on SMEs in the metal sector, it was found that the price and credit depend essentially an estimate of the probability of small SME insolvency, insolvency models calculated by implementing prescribed by Basel II, which in turn will integrated into the model to determine the final price of the transaction. According to our study, it is concluded that the Basel II Accord, have implications on access to finance and cost effective for SMEs is still showing that the effect on the price of an operation generates procyclicality of credit and therefore on the economy where SMEs are particularly vulnerable.
Description
Mestrado em Finanças Empresariais
Keywords
Basileia II Risco Crédito PME Prociclicidade
Pedagogical Context
Citation
Publisher
Instituto Politécnico de Viseu. Escola Superior de Tecnologia e Gestão de Viseu