A Finnish small business with roughly €5,000 in monthly turnover applied for funding expecting a routine decision.
What makes SME lending so hot these days? There is a lot of rumour around the prospective growth of the global SME lending market. It represents 90% of businesses and 50% of employment worldwide.
SMEs are significant drivers of job creation and economic growth. Yet, unlike in the developed world, where they are treated as the goose that lays the golden egg, it is survival of the fittest in ...
Perhaps the most important segmentation of banking services is between microbusinesses and the wider small and medium-sized enterprise (SME) population. In most developed economies, the vast majority ...
Smaller enterprises look to boost value-added per worker. Global Finance names the winners of its fifth annual World’s Best SME Banks. When it comes to productivity, bigger is usually better. Small ...
Flagright, the AI-native, no-code platform for transaction monitoring and AML compliance, is pleased to welcome SME Bank as its newest client.
GENEVA--(BUSINESS WIRE)--SMEs make up 95% of businesses in many countries, and yet they are consistently underserved by banks around the world. Temenos and Canadian Western Bank (CWB) have innovated ...
The fintech sector has been hugely successful (and hugely profitable) for much of the last decade, and even more so during the pandemic. But it might come as a surprise to learn that many in the ...
Former finance minister Lim Guan Eng has called on Small-Medium Enterprise Development Bank Malaysia Berhad (SME Bank) to ...
Back in 2016, as part of Euromoney’s annual Awards for Excellence, we issued our first awards to banks serving up the best product offering to small- and medium-sized enterprises. Singapore’s OCBC was ...
Airstar, one of a select few digital banks approved by Hong Kong regulators, has announced SME banking services. AirStar states that following its launch in the summer of 2020 it has experienced a ...