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SMEs’ access to finance


Globalisation, new competition rules and Basel III (risk related regulatory capital for banks) are changing the market for credits and loans. Access to finance is considered as one of the most important problems for SMEs in Europe. UEAPME tries to influence the new regulations and to improve the instruments that support SME’s access to finance.

- Read the Industry Council’s recommendations on the code of conduct between Banks and SMEs

Position papers and other documents

-  March 2017: Joint letter on the impact of proportionality in the CRR-CRD IV review

-  January 2017: Joint UEAPME-AECM position on EU mid-term review of financial instruments

-  April 2016: UEAPME letter to Basel Committee on retail and SME loans

-  November 2015: Joint position on CMU: Improving access to finance for all SMEs

- Joint UEAPME-ACCIS letter to Commissioner Hill on the proposal for National Workshops on the Capital Market Union priority for SME Credit Information

-  May 2015: Joint letter to Commissioner Hill on a Capital Markets Union

- May 2015: Joint UEAPME-EACB letter on Basel review to Commissioners Hill & Bieńkowska

-  April 2015: UEAPME Reply to the Green Paper Consultation on a Capital Market Union

-  March 2015: Banking Structural Reform may not endanger provision of services needed by SMEs

-  26/11/2014: EACB-UEAPME Joint Letter on SMEs and Co-operative Banks (Annex)

-  November 2011: UEAPME position on the Basel III Implementation – CRD IV and CRR

-  February 2011: UEAPME position on the next generation of European SME Finance Programmes

- January 2011: Next generation of European SME finance and Innovation Programmes - First issue paper from the UEAPME Secretariat

-  November 2010: UEAPME position on Countercyclical Capital Buffer

- October 2010: UEAPME comments on the new Basel III capital requirements for banks

-  April 2010: UEAPME reply to the public consultation on the Capital Requirements Directive

- November 2009: Open letter to the Basel Committee on Banking Supervision on regulatory capital, dynamic provisioning, tier 1 capital

-  December 2008: UEAPME comments on the temporary framework for State aid measures to support access to finance in the current financial and economic crisis

- October 2008: Access to finance for micro and small enterprises - a discussion paper for the French Presidency

-  March 2008: UEAPME comments on the first draft of the EIB “Findings and conclusions” of the SME Consultation 2007/2008

-  October 2004: UEAPME’s Position Paper on SME access to finance

-  July 2004: UEAPME Position Paper on the Future of SME finance

-  October 2003: UEAPMEs comments on the 3rd Consultative Document issued by the European Commission

-  July 2003: Position paper on the 3rd Consultative Document issued by the Basel Committee

-  January 2003: Basel II: UEAPME’s position paper on the Commission’s Working Document (Nov 18th 2002)

Press releases

-  26/01/2017: Improving the EU financial instruments: AECM and UEAPME present their proposals for the EU mid-term review

-  25/11/2015: EU associations trio strongly involved with SMEs forge common CMU position

-  30/09/2015: CMU Action Plan tackles right challenges, but much work still lies ahead

-  28/05/2015: Maximising the Capital Market opportunity for SMEs and Start-ups

-  27/03/2014: Long-term finance: positive on regulation but not enough for SMEs

-  28/02/2013: Capital requirements: SMEs welcome deal to transpose “Basel III” rules in the EU

-  06/11/2012: Statement from the UEAPME Board on SMEs’ access to finance

-  15/05/2012: Basel III: Parliament’s committee vote a key step in the right direction, say SMEs

-  31/01/2012: European Council: SMEs welcome focus on growth

-  26/01/2012: New capital requirements must not jeopardise financing for the real economy and for trade, key stakeholders tell MEPs

-  07/12/2011: SMEs welcome EC plan on access to finance, call for tax reforms to boost venture capital

- 06/10/2011, joint press release with the European Association of Co-operative Banks (EACB): Capital requirements: co-operative banks and SMEs call for appropriate transposition to avoid adverse effects on the financing of the real economy

-  20/07/2011: EC proposals on capital requirements take SMEs’ concerns on board

- 04/07/2011, joint press release with the European Investment Fund: Broad range of targeted financial instruments needed to support SMEs across Europe

-  16/02/2011: SME finance: Commission urged to follow up on Parliament’s resolution

-  28/09/2010: Expiring measures on loan guarantees and risk capital must be kept, say SMEs

-  06/05/2010: Access to finance: SMEs welcome new Commission’s initiative to foster dialogue

-  20/04/2010: Capital requirements: no regulation before impact assessment, say SMEs

-  04/12/2009: Capital regulations must be strengthened without harming SME finance

-  21/01/2009: Access to finance: differences remain despite wide range of responses, say SMEs

-  03/11/2008: European SMEs should not pay the price of current economic crisis

-  03/11/2008: Die Europäische KMU dürfen nicht den Preis für die derzeitige Finanzkrise zahlen

-  03/11/2008: Les PME européennes ne doivent pas payer le prix de la crise économique

-  03/11/2008: Le PMI europee non devono pagare il prezzo dell’attuale crisi economica

-  30/10/2008: SMEs can lead Europe out of the crisis, says re-elected UEAPME President

-  14/10/2008: Tripartite Social Summit: no more time for words, say SMEs

-  05/10/2008: Summit gives hope that consumers and SMEs will be sheltered from financial crisis

-  26/09/2008: Competitiveness Council conclusions do not live up to SMEs’ expectations

-  24/09/2008: Competitiveness Council: SMEs expect concrete results on access to finance

-  15/09/2008: SME finance: good news from the ECOFIN must not be offset by the EC

-  14/05/2007: Dialogue is crucial to improve SMEs’ access to finance

-  28/09/2005: Risk capital rules made more user-friendly for small businesses

-  13/07/2005: Decision on Capital Requirements Directive an important step forward

-  26/04/2005: Basel II Directive made more positive for SMEs by Parliament report

-  28/10/2004: Unlocking the doors to SME finance: UEAPME presents recommendations to decision-makers

-  06/10/2004: Revised Capital Adequacy Directive: still room for improvement, UEAPME argues

-  06/07/2004: BASEL II: Commission’s directive will determine long-term effects of new agreement on Banks and SMEs

-  17/12/2003: Code of conduct between banks and SMEs: UEAPME deplores failure of negotiations and looks for alternatives

-  31/07/2003: Basel II: UEAPME welcomes agreement and asks for adequate transposition into EU law

-  10/07/2003: Basel II: SMEs welcomes progress made in 3rd Consultation but says improvement still needed

-  23/01/2003: UEAPME welcomes adopted approach for the implementation of Basel II

Projects and links

- The future of SME finance- Basel II for SMEs