HSBC Exim Bank of USA and Government of Canada extend credit to SMEs


The president, John Agyekum Kufuor, speaking at the Ghana Investors’ Advisory Council’s (GIAC) meeting, said that some modest gains had been made in the quest to address the problem of accessing long-term funds by the establishment of a credit line of US$40million, which had been secured from the HSBC Exim bank of USA to support small- and medium-scale enterprises (SMEs).

Salt and agro-processing had obtained credit from the Ecowas Bank for Development and Investment in addition to US$5million that was received from the government of Canada to support micro-, small- and medium-sized enterprises.

His Excellency assured the members of GIAC of his government’s fullest co-operation and support to attract more foreign investments into the country.

Source: GhanaWeb



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