SMEs latest

Banks are not funding because they are a risky investment and there is a need to have a separate venture capital or guarantee scheme for them. (Shutterstock)
July 8th, 2018 - 08:21 GMT

Default Rate Declined Remarkably Among UAE SMEs

Defaults among small and medium enterprises (SMEs) in the UAE have gone substantially lower this year after banks became cautious in lending to risky small businesses over the last couple of years, according to a banking industry executive.
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