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World Bank and SMBC Partner to Finance Small Businesses
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 collaboration, announced through the World Bank's International Finance Corporation, aims to improve lending and financial services for small and medium-sized enterprises in developing economies, where access to credit remains a major barrier to growth.
Why now: The new partnership addresses the persistent financing gap for small businesses in emerging markets, a topic of ongoing interest to development and banking communities.
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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