Jumhouria Bank and the Arab Commercial Bank have recently approved the establishment of SME units to serve small and medium-sized enterprises (SMEs).
The establishment of the SME units came after a series of preparatory meetings with the French Public Investment Bank (BPI France) organised by Expertise France.
The establishment of the new SME units comes within the framework of the European programme to support the private sector in Libya, the EU for the Private Sector in Libya (EU4PSL), funded by the European Union.
Expertise France explained that these units will play a decisive role in easing Libyan SMEs’ access to credit and to build a supportive environment for their development.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.