Second-tier Government Banks and Firm Performance: Micro-Evidence from Colombia


  • IDB Publications (Working Papers)


  • Despite the large potential gains from credit by second-tier development banks, little is known about the actual impact of these banks' lending activity. This study partially fills that gap by analyzing the impact of the lending activity of Bancoldex, the Colombian second-tier development bank, on firm performance. The evaluation uses data over a several-year period on loans granted to firms by Bancoldex and on performance for all manufacturing establishments with 10 or more employees.

fecha de publicación

  • 2012

Líneas de investigación

  • Access to Credit
  • Firm Growth
  • Job Creation
  • Productivity
  • Second-tier Development Banks


  • 3825