ABSTRACT

This study analyses the main constraints faced by small and medium-sized enterprises (SMEs) located in the Cabinda Province, northern Angola, with a specific focus on bank financing. The study takes a qualitative approach, performing semi-structured interviews with 15 SME owners/managers. The results show that in spite of the close relationships with the bank manager and/or the bank's credit manager, whenever SMEs seek bank financing, there are important drivers like the high-interest rates on bank loans, the need to offer high guarantees and bribery when bankers require some form of income. The net profits obtained in previous years do not have a significant impact on obtaining bank support, and banks often consider other factors in their decision-making.

摘要

这项研究分析了安哥拉北部卡宾达省的中小企业面临的主要制约因素，并特别关注银行融资。该研究采用定性方法，对15位中小型企业所有者/经理进行了半结构化访谈。结果表明，尽管与银行经理和/或银行的信贷经理有着密切的关系，但是每当中小型企业寻求银行融资时，仍然存在重要的驱动因素，例如银行贷款的高利率，提供高额担保和贿赂的需要当银行要求某种形式的收入时。前几年获得的净利润不会对获得银行支持产生重大影响，并且银行在决策中经常考虑其他因素。