SME Banks - Winning in Africa

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SME Banks - Winning in Africa

Postby clrkrodriguez on Mon Jul 12, 2010 3:34 am



In recent years some of the best performing banks in Africa have been indigenous banks that serve the small and medium enterprise community. This has been largely unanticipated by the investing community. For many large commercial banks, banking small businesses has always proved challenging, and in most surveys of small business finance. The reasons for this are clear. Not only do small businesses fail to fit into conventional categories - personal or retail, but they lack the ingredients that conventional banks look for in lending: audited financials, physical assets as collateral, leaders with respectable paper qualifications, and a separation of personal and business accounts.

Some of the best performing banks in recent years have focused on the SME market, often for no other reason than the scale of their balances sheets initially prevented them from accessing the larger corporates, and inefficient payment systems locked them out of the lucrative white collar market, as workers banked where their employer banked.


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Re: SME Banks - Winning in Africa

Postby chris123 on Mon Jul 12, 2010 8:57 pm

This is the best bank in Africa and many big companies over there open accounts in this Bank.It is really good knowledge about the banking system of Africa.Thank you for this.
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Re: SME Banks - Winning in Africa

Postby anna27789 on Thu Jul 22, 2010 4:00 am

Thanks for your post ! It's interesting .
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Re: SME Banks - Winning in Africa

Postby Michael01 on Wed Jun 01, 2011 1:52 pm

I would just like to tell you that this is one of the best banks in Africa. There are many reputed companies over there that open accounts in this Bank itself.
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Re: SME Banks - Winning in Africa

Postby andrinawilson12 on Tue Jul 19, 2011 12:27 pm

This is really a good bank, i also heard about thisi bank. You can say that this is one of the best banks in Africa.
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Re: SME Banks - Winning in Africa

Postby jerrymoss00 on Mon Sep 26, 2011 9:59 am

nice confidence boosting post.....thanks for this.
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Re: SME Banks - Winning in Africa

Postby LisaSmith on Wed Feb 01, 2012 12:46 pm

SME bank is really doing a great job in Sopth Safricva. Wealthy people are generally using their good services.I have heard about this from one of my african friend.
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