Consequences of basel II for small and mid-sized enterprises

Inhaltsangabe:Abstract:
At present, rating is the number-one-topic discussed, both within the banking community and also, even more frequently, at enterprises. The second consultative package of the Basel Committee for Banking Supervision provides a basic change in equity capital contribution of banks. It is expected to change the rules of the credit business with institutional customers considerably. As a result, especially small and mid-sized enterprises are forced to enhance their credit standing in order not to struggle with the serious consequences of Basel II. This case study shows how!


Inhaltsverzeichnis:Table of Contents:

1. INTRODUCTION4
2. 1Overview4
3. 2Definition of the new Basel Capital Accord4
4. 3Targets5
5. 4Structure5
6. BASICS6
7. 1Small and mid-sized Enterprises (SMEs)6
8. 1.1Definition of SMEs6
9. 1.2EconomicSituation andImportance ofSMEs7
10. 2Rating7
11. 2.1Credit ratings7
12. 2.2External ratings by rating agencies8
13. 2.3Bank-internal ratings9
14. 2.4Function of credit ratings10
15. 2.5Rating procedure and structure12
16. 2.6Rating as an opportunity to prepare for Basel II16
17. BASEL II - THE NEW BASELCAPITAL ACCORD18
18. 1The Basel Committee of Banking Supervision18
19. 2The way from Basel I to Basel II18
20. 3Overview of the new Capital Approach19
21. 3.1The first Pillar: Minimum Capital Requirements19
22. 3.1.1In context of granting credits to small and mid-sized companies23
23. 3.1.2Possibilities of asset securitisation26
24. 3.2The second Pillar: Supervisory Review Process27
25. 3.3The third Pillar: Market Discipline27
26. THE CONSEQUENCES OF BASEL'S RESOLUTIONS29
27. 1Current financial requirements of the small to medium-sized business sector29
28. 2Internal vs. external rating of SMEs31
29. 3Actual preparation status of SMEs35
30. 4Rating under aspects of Investor Relations42
31. 5Alternative financing possibilities for SMEs44
32. 5.1Effects on banks45
33. 5.2Effects on interest rates for SMEs46
34. 6Possibilities for SMEs to prepare for Basel II48
35. 6.1Implementation of a value-based management50
36. CONCLUSION55
37. APPENDIX57
38. 1Index of Abbreviations57