Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.comT&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information […]
UK SME loans: banks are guaranteed trouble in their push for home rule Read More »
Bankers, according to an age-old gripe, are fair weather friends. Money lent in sunshine is reclaimed when it rains. Worse, lenders can inflict devastating personal misery if a loan backed by a personal guarantee turns sour. The scope for abuse has prompted a small business lobby group to file a “super-complaint” to the UK’s financial
UK SME loans: banks are guaranteed trouble in their push for home rule Read More »
Abu Dhabi Global Market (ADGM), the leading international financial centre in Abu Dhabi, introduces Numou a cutting-edge digital platform tailored to bridge the funding gap faced by SMEs. This innovative digital platform marks a pivotal step in empowering small and medium-sized businesses in the UAE. https://www.zawya.com/en/smes/finance/adgm-launches-numou-a-revolutionary-sme-financing-digital-platform-ndqyso21
ADGM launches ‘Numou’ a revolutionary SME Financing digital platform Read More »
RIYADH: Small and medium enterprises in the UAE are on course to have improved access to financial services thanks to a new program launched by the Abu Dhabi Department of Economic Development. The SME Finance Facilitator program is initiated in partnership with the Emirates Classification Society, also known as TASNEEF, and with the support
Abu Dhabi launches SME Finance Facilitator program to propel sector Read More »
The new initiative is part of ADDED’s ongoing efforts to enhance the business ecosystem for SMEs as a key driver of a vibrant, diversified and sustainable economy. It is a result of research, analysis and active engagements with SMEs, financial institutions and other stakeholders to address challenges facing SMEs. https://www.mediaoffice.abudhabi/en/economy/abu-dhabi-department-of-economic-development-launches-sme-finance-facilitator-programme/
Abu Dhabi Department of Economic Development launches SME Finance Facilitator programme Read More »
The regulators will explore PoC projects to connect HKMA’s CDI platform to ADGM’s SME Financing Platform. https://www.regulationasia.com/hkma-abu-dhabi-fsra-to-enhance-fintech-collaboration/
HKMA, Abu Dhabi FSRA to Enhance Fintech Collaboration Read More »
Embedded finance transforms how individuals interact with financial services, opening up many possibilities for financial and non-financial businesses to reach a wider market. Embedded finance seamlessly integrates financial services into the everyday operations of small businesses, enabling them to manage larger transactions without relying on expensive external assistance or cumbersome paperwork. These features streamline administrative
4 Embedded finance platforms empowering SMEs in USA Read More »
Despite the vital contribution by small and medium enterprises (SMEs) to the Indian economy, many of these businesses struggle to secure timely and cost-effective credit due to the limitations of traditional banking mechanisms. https://yourstory.com/2023/11/21-year-old-entrepreneur-bridging-credit-gaps-smes-soptle-startup
A 21-YEAR-OLD ENTREPRENEUR IS BRIDGING THE CREDIT GAP PLAGUING INDIA’S SME SECTOR Read More »
Mumbai: ICICI Bank’s net profit rose 36% to ₹10,261 crore in the second quarter amid continued loan growth and a rise in fee income as asset quality remained stable. Total advances in the July-September period rose 18% from the year earlier, led by a 21% growth in retail loans, which comprised 54% of the total
ICICI Bank Q2 profit soars 36%; SME loans grow 29% Read More »
Mumbai: ICICI Bank’s net profit rose 36% to ₹10,261 crore in the second quarter amid continued loan growth and a rise in fee income as asset quality remained stable. Total advances in the July-September period rose 18% from the year earlier, led by a 21% growth in retail loans, which comprised 54% of the total
ICICI Bank Q2 profit soars 36%; SME loans grow 29% Read More »