What If the New Normal Included Using Payment Data to Support Under-Documented Firms?: A Central Bank Experience During COVID-19
4 Pages Posted: 17 Nov 2020
Date Written: October 20, 2020
Obtaining credit by micro, small, and medium-sized enterprises (MSME) is typically hampered by a lack of supporting documents. Here, we report the use of payment oversight data to fill up this gap during COVID-19 countermeasures and suggest that central banks' supervisory information may help achieve competition or inclusiveness goals.
Keywords: MSME, credit constraint, central bank, payment oversight, Peac-Maquininhas
JEL Classification: G21, H81, E58
Suggested Citation: Suggested Citation