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According to the International Finance Corporation (IFC), 40 per cent of formal micro, small, and medium enterprises (MSMEs) ...
For years, traditional commercial finance brokers have largely avoided small ticket business loans. The reason is simple: ...
If you were importing sugar, rice, and some trading items, we could have organized a quick facility for you,” Ruby’s Personal Banker said, three months after being encouraged by this same bank to ...
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news ...
Q&A with Isaac Bigirwa, Head of Cards and Payments, dfcu Bank Kampala, Uganda | THE INDEPENDENT | In an era where speed and ...
Egypt-based fintech Flend has secured $3 million in seed funding through a blended equity and debt round. The equity was led ...
Xiaomi and AMTD’s digital banking platform Airstar has introduced another stage of its pilot which reportedly features the SME Easy Pay Loan offering in order to provide a quicker and more ...
$23 million (€20 million) will be used for traditional SME loans with monthly repayments. $44 million (€38 million) will be deployed in the tourism industry specifically — hotels, ...
A growing number of small and medium-size enterprises (SME) are taking out loans from the nonbanking sector amid heightened loan restrictions at commercial banks. SMEs borrowed a total of 76.6 ...
One-third of SMEs need medium- and long-term loans to upgrade their equipment or invest in new products, the survey found, yet 63.3 percent of loans they got were short-term, less than a year.
The importance of the UK’s SME cohort is pretty well understood. There are about 5.5m SMEs, ... Figures also reveal that bank SME loan margins are lower than the 1990s, ...