THE ROLE OF BANK LOANS IN FINANCING SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) UNDER ALGERIAN LEGISLATION
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Abstract
Small and medium-sized enterprises (SMEs) play a vital and important role in the economic development process, which has led the Algerian state to attach great importance to this sector. However, despite all the efforts made by the government to support these institutions, they still rely heavily on bank loans for their financing. These loans effectively contribute to the establishment of these institutions, as well as to the expansion and development of their projects, through various types of loans directed to them. However, obtaining these loans faces a number of obstacles and difficulties, the most important of which are the lack of guarantees, the risks associated with the lending process and the banks’ reliance on traditional methods in the lending process, which the government is still working to gradually reduce.
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References
Ordinance No. 75-58 of September 26, 1975, containing the Civil Code, amended and supplemented by Law 05-10 of July 20, 2005, *Official Gazette*, No. 44 of July 26, 2005.
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Third - University Theses and Dissertations:
Doctoral Dissertations:
Rabeh Zarkani, Dimensions and Trends of Financing Small and Medium Enterprises in Algeria. Doctoral Thesis in Science, Faculty of Economic, Commercial and Management Sciences, University of Algiers 3, Algeria.
Master’s Theses:
Lokadir Maliha, The Role of Banks in Financing Small and Medium Enterprises in Algeria.Thesis submitted to fulfill the requirements for obtaining a Master’s degree, Specialization: National Development Law, Faculty of Law and Political Science, Mouloud Mammeri University of Tizi Ouzou, Algeria, 2011-2012.
Imran Abdel Hakim, Banks’ Strategy in Financing Small and Medium Enterprises: A Case Study of Public Banks in the M’Sila Province, Thesis submitted to obtain a Master’s degree in Commercial Sciences, Specialization: Strategy, University of Muhammad Boudiaf, M’Sila 2007-2008.
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El Ghali Benbrahim and Mohamed Rochdi Soltani, “The Suitability of Lease Financing Ending with Ownership to Solve the Financing Problem for Small and Medium Enterprises,” journal of Financial, Banking, Economic and Business Administration.No. 04, University of Biskra, Algeria, 2017.
Fifth - Conferences:
Hayat Nadjar and Malika Ghaib, “The Role of Commercial Banks in Financing Small and Medium Enterprises in Algeria,” National Conference on: Commercial Banks and Economic Development, University of 8 May 1945 Guelma, December 7 and 8, 2004.
Kaddi Abdelmadjid and Dadan Abdelwahab, “An Attempt to Evaluate the Programs and Policies of Financing Algerian Small and Medium Enterprises,” International Conference on Financing Policies and Their Impact on Economies and Institutions: A Case Study of Algeria and Developing Countries, November 21 and 22, 2006, Faculty of Economic Sciences and Management and the Laboratory of Economic Sciences and Management, University of Mohamed Khider Biskra, Algeria.
Sixth - University Publications:
Shaaban Faraj, Banking Operations and Risk Management*, Publication intended for Master’s students, Specialization in Money and Finance, Faculty of Economic, Commercial and Management Sciences, University of Bouira, 2013-2014.
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