Small and medium enterprises
(SMEs) are significant for the fiscal and
social development of emerging markets. They play a major
role in creating jobs and generating income for low income
people; they foster economic growth, social stability, and
contribute to the development of a dynamic private sector.
As such, access to financial services is vital in developing
a vibrant SME sector in any economy.
SBAC Bank is
trying to play a vital role in helping small and medium enterprises countrywide gain greater access to financing.
SBAC Bank works to increase access of SMEs to financial services in Bangladesh by providing funding for equity and loans to financial intermediaries focusing on SME financing, and by building capacity of financial intermediaries and raising awareness on best SME Banking practices.
SBAC Bank is committed to uses both investments and technical assistance to support financial intermediaries outreach to the SME sector more effectively and efficiently.
Investments made by
SBAC Bank in financial intermediaries focusing on SME lending have included equity investments, loans, revolving credit lines, and risk mitigation facilities. On the advisory side,
SBAC Bank supports enhance banks SME operations in areas such as strategy, market segmentation, product development, risk management and IT/ MIS facilities.