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UBL inks deal with IFC to boost access to finance for SMEs

Thursday 31 March 2016 11:24 CET | News

International Finance Corporation (IFC), a member of the World Bank Group, has signed an advisory services agreement with the United Bank Limited (UBL) to help boost access to finance for small and medium enterprises (SMEs).

The agreement is part of ongoing efforts by the World Bank Group to boost financial inclusion globally and achieve universal financial access by 2020.

It said the agreement will help UBL design a new SME banking business model and supply chain finance program. This will further assist the bank strengthen its capacity in the sector and offer financial services and new products to smaller enterprises.


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Keywords: International Finance Corporation, finance, SMEs, supply chain finance
Categories: Banking & Fintech
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Countries: World
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Banking & Fintech






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