Barclays signs deal with Enterprise Uganda to boost SMEs
Barclays Bank has signed a partnership with Enterprise Uganda, to boost small- and medium-sized enterprises (SMEs).
Barclays Bank has signed a partnership with Enterprise Uganda, to boost small- and medium-sized enterprises (SMEs).
Among the products of Barclays’ business solutions are financial products designed to meet the diverse needs of small-and medium-sized enterprises (SMEs), the bank’s head of business in East Africa, Elly Odhong, has said.
During Stanbic Bank’s trade and finance seminar at Grand Imperial Hotel on Thursday, executive director, wholesale Anne Aliker said the bank plans to introduce asset-based finance product for customers to secure credit for capital expenditure.
Ugandan Minister of State for Economic Monitoring, Omony Ojok said recently that the government has undertaken steps to ensure that there is an enabling environment for small- and medium-sized enterprises (SMEs) to operate meaningfully.
Barclays Bank has launched a new product for small-scale local businesses.
Some Ugandans view Barclays Bank as one of those banks that predominantly serve elite customers. However, its chief executive officer, Frank Griffiths, says he is now set to attract small businesses.
Shell Foundation, a United Kingdom registered charity funded by the Royal Dutch Shell Group of Companies, dfcu Leasing and Shell Uganda, have launched an energy fund to help Small and Medium Energy Enterprises (SMEs) in Uganda.