Financial market plays a key role in providing businesses with funding necessary for maintaining and expanding their operations.
However, the accessibility of and demand for bank and non-bank business funding instruments vary for different types of market participants. Why does bank funding remain the key source of borrowing for Russian businesses? What are non-bank instruments’ benefits for certain types of participants? What are the barriers for accessing non-bank funding? What are the development prospects for bank and non-bank funding sources?
Bank vs non-bank instruments for business financing: development prospects