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
Characteristic
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2017
2018
2019
2020
2021
2022
2023
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European Commission. (December 27, 2023). Bank rejections of small business loans in selected countries in the European Union from 2016 to 2023, by country [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1237966/sme-bank-loan-rejections-in-europe-by-country/
European Commission. "Bank rejections of small business loans in selected countries in the European Union from 2016 to 2023, by country." Chart. December 27, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1237966/sme-bank-loan-rejections-in-europe-by-country/
European Commission. (2023). Bank rejections of small business loans in selected countries in the European Union from 2016 to 2023, by country. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1237966/sme-bank-loan-rejections-in-europe-by-country/
European Commission. "Bank Rejections of Small Business Loans in Selected Countries in The European Union from 2016 to 2023, by Country." Statista, Statista Inc., 27 Dec 2023, https://www.statista.com/statistics/1237966/sme-bank-loan-rejections-in-europe-by-country/
European Commission, Bank rejections of small business loans in selected countries in the European Union from 2016 to 2023, by country Statista, https://www.statista.com/statistics/1237966/sme-bank-loan-rejections-in-europe-by-country/ (last visited July 22, 2024)
Bank rejections of small business loans in selected countries in the European Union from 2016 to 2023, by country [Graph], European Commission, December 27, 2023. [Online]. Available: https://www.statista.com/statistics/1237966/sme-bank-loan-rejections-in-europe-by-country/