Citibank’s corporate credit manager in Greece, D. Anagnostopoulos, believes the bank can triple its business with SMEs.
Despite representing an important customer group for banks, small- and medium-sized enterprises (SMEs) are not free of credit risks, with their funding demanding careful analysis. Lending to them usually carries high profit margins for banks, which must take care to monitor timely repayment of loans to avoid an upward trend of bad loans.
