Financial Services

Small and medium enterprises are the engines of most economies. Studies have shown that for every dollar invested in an SME, 12 additional dollars are generated for the rest of the local economy. The economic effects of SME investment are spread among various groups in the respective local economies, including across employees, customers, suppliers, competitors and producers of complementary goods and services. SMEs generate a powerful multiplier effect and are key drivers for raising incomes and stabilizing economies. SMEs promote industrial and economic development by using local resources, producing intermediate goods and transferring rural technology. All this leads to job creation and wealth generation.