In the complex ecosystem of modern economies, small and medium-sized enterprises (SMEs) play a crucial role in driving innovation, employment, and economic growth. With SMEs contributing significantly to national GDPs they embody the entrepreneurial spirit and innovation driving economic growth worldwide Their diversity and dynamism underpin the economic structure of the economy. Despite their significant contribution, SMEs often face considerable challenges in their interactions with banks and financial institutions, especially regarding credit access and financial management.
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Redefining SME Banking: Navigating financial complexities with Strands Compass
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