Objective: To discuss means of enhancing the role of banks in supporting SMEs
To discuss and get the bank’s feedback on the decree disseminated by CBE
To discuss challenges facing banks regarding extending finance to SMEs
Discussions tackled the concerns of banks raised regarding SME banking and the need for a database with reliable and updated data. Also another main problem was raised which is the absence of a unified definition for SMEs.
The SME Unit announced conducting a Market Research on the SMEs sector in Egypt during the meeting.
Outcome:
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