RESOURCES

SME Banking

SME Banking

There is a lot of capacity in the SME banking market, the potential of growth for the banking sector is there through financing SME’s.

Small and Medium Enterprises (SMEs) play a major role in most economies, particularly in developing countries. SMEs account for the majority of businesses worldwide and are important contributors to job creation and global economic development. They represent about 90% of businesses and more than 50% of employment worldwide. Formal SMEs contribute up to 40% of national income (GDP) in emerging economies. These numbers are significantly higher when informal SMEs are included.

Learn how to do banking in order to grow your small business as an entrepreneur. There are several small bank institutions that are geared towards supporting you in banking.

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