Globally SMEs are considered as the engine for a country’s development as Small & Medium Enterprises comprise the major share of trade & commerce in any country. Focusing on the greater development of the country’s Small and Medium enterprises as well as overall development of the country SMBL has started SME Banking from the very beginning. The bank is continuously working to develop various tools and techniques, products and policies, staff and strategies to attract the potential SME entrepreneurs of our country.
Contrary to the perception that banks in general are not interested in lending to SMEs, we find that most banks do indeed want to serve SMEs and find this segment profitable, especially as margins in other banking markets narrow due to intensified completion. Today’s SMEs want more appropriate and innovative financial services, sound & commercially aware advice not just on products and services but also on wider business issues and more tailored and responsive multi-channel banking.
The more you save, the more you get !