Small and medium-sized enterprises (SMEs)
FSB seeks feedback on reforms’ impact on SME finance
Roundtable participants note considerable differences in how SMEs are treated across jurisdictions
Arab countries must improve funding of small businesses – IMF’s Lagarde
SMEs make up 96% of Arab world’s businesses but get only 7% of bank loans – IMF chief
RBI can remove barriers to micro-credit – Acharya
Central bank looking to solve information problems in a “fundamental way”, says deputy
Islamic finance is for everyone, Malaysia’s Zahid says
Bank Negara Malaysia assistant governor stresses inclusiveness of Islamic finance but says SMEs are still not taking advantage
The IFF China Report 2018: Chinese financial system reform
China is focusing greater effort in tackling the build-up of risks in its banking and financial system, while also seeking to ensure credit is more effectively distributed in the real economy. At the same time it is has embraced fintech but policymakers…
Kenyan central bank condemns interest rate cap legislation
Rules introduced in 2016 have restricted access to credit for small firms and impaired the central bank’s ability to conduct monetary policy
Time to ‘reignite’ SME development, says Zim governor
Mangudya notes importance of SMEs in supporting nation’s economy but acknowledges access to banking sector is currently poor; financial inclusion strategy aims to help