TY  - JOUR
ID  - publications25756
UR  - http://tse-fr.eu/pub/32198
IS  - 126
A1  - Décamps, Jean-Paul
A1  - Villeneuve, Stéphane
Y1  - 2017///
N2  - Under the combined effects of a decline in rates and the political desire to help finance the economy within a regulatory environment that is restrictive for banks, since 2012 the law has authorized insurance companies, under certain conditions, to allocate up to 5% of their clients’ savings to the private loan market and in this way to help finance small and mid-size companies. After describing the features of the financing mechanism with non-bank loans, the goal of this article is to use economic theory to propose a debate on the advantages and disadvantages of such a mechanism.
PB  - Association d'économie financière
JF  - Revue d'économie financière
SN  - 1777-5744
TI  - Jusqu'où les compagnies d'assurance peuvent-elles investir dans le financement des dettes des PME/ETI ?
SP  - 231
AV  - none
EP  - 240
ER  -