Rejection of bank loans to SMEs in selected EU countries 2016-2023

Published by
Fernando de Querol Cumbrera,
Jul 4, 2024

Small and medium-sized companies from Lithuania had the highest rejection rate in the European Union in 2023. The rejection rate in Lithuania reached 27 percent during, and it was followed by Romania, with a rejection rate of 19 percent. Figures can change quite dramatically per year when banks apply stricter rules.

Bank rejections of small business loans in selected countries in the European Union from 2016 to 2023, by country

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Source

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Release date

December 2023

Region

Europe

Survey time period

2016 to 2023

Number of respondents

15,855 respondents

Age group

18 years and older

Special properties

Micro, small, and medium-sized firms.

Method of interview

Questionnaire and personal interview

Supplementary notes

The figures have been taken from several publications. Some countries are not included because the unweighted number of observations was too low.

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