✉news BusinessFinance first seen 8 h ago, last 9 min ago, peak #1
World Bank and SMBC Partner to Boost Small Business Finance
Original: World Bank Group and SMBC Partner to Expand Access to Finance for Small Businesses Across Emerging Markets
The World Bank Group and Japan's Sumitomo Mitsui Banking Corporation (SMBC) have announced a partnership to expand access to finance for small businesses across emerging markets. The deal, made through the World Bank's International Finance Corporation, aims to widen lending and financial services for small and medium-sized enterprises, which often struggle to secure credit in developing economies.
Why now: The new partnership signals a major institutional effort to close the small business financing gap in emerging markets.
World Bank GroupSMBCInternational Finance Corporation
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- World Bank Group and SMBC Partner to Expand Access to Finance for Small Businesses Across Emerging Markets · International Finance Corporation (IFC)
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