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Business Survey 2020 – Access to finance

News from 2020-07-22 / KfW Research

Businesses are well-equipped for the crisis

In cooperation with 19 trade associations, KfW Group has conducted a business survey on banking behaviour and financing for the 19th time.

The most important results are:

  • The financing situation remained good until the outbreak of the coronavirus crisis.
  • The proportion of enterprises reporting difficulties in accessing credit was 13.4%.
  • As before, however, small businesses are still much more likely to face difficulties in accessing credit.
  • The positive development of businesses’ equity ratio and credit rating continued up until the beginning of 2020.
  • Bank loans remain an important source of funding for businesses. Internal funding, however, continues to play by far the most important role in business financing.

Business Survey 2020 – Access to finance (Summary)  (PDF, 83 KB, accessible)


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