Financing SMEs in Vlora City, Albania: between Game Theory and Lack of Information

The SMEs (small and medium-sized enterprises) play a crucial economical role, especially in transition economies. However, the financing problem affects the SMEs’ development. Information asymmetry between banks and enterprises is the main reason for the SMEs’ gaining funds so hard; the banks do not know the operating conditions and credit situation of SMEs. The study focuses on the analyses of the game of (in) complete information and financing growth strategies of SMEs in the city of Vlora to face with challenges of a sustainable development and a competitive market.