Small and medium-sized enterprises (SMEs) are an essential part of any economy. In most countries, they employ the largest share of the workforce and contribute significantly to GDP. Usually, SMEs are financially sound and have a successful history as long-standing microenterprises.
Nevertheless, in many countries such companies have only limited access to financial services and products. They are considered risky, unprofitable customers, and are not served by many commercial banks. Success stories worldwide, however, illustrate that SME finance can be a profitable business, the risk of which can be managed. Banks can profit by engaging with SMEs, diversifying their risks and customer structure, thus expanding their business.
Our specialized SME Competence Centre assists financial institutions in establishing or improving SME finance as a business segment.