The “platform bank” will set its focus initially on small and medium enterprises and is set to launch a range of apps that will offer seamless banking services to individuals and businesses alike
SME banking
Latest in SME banking
Dubai Islamic Bank
EDB, DIB ink credit scheme deal targeting SMEs in priority sectors
EDB to provide the credit guarantee programme to DIB’s SME customers, while DIB will offer up to AED10m financing, with half of the facility amount guaranteed by EDB
ABTV
AB Crossfire: are banks in the UAE supporting SMEs?
Debate discusses how small and medium sized companies in the UAE fare in relation to access to funding
blockchain technology
Dubai Chamber-led working group boosting start-ups
New initiatives include a one-stop shop solution powered by blockchain technology
Dubai
Banks should set up SME support systems, says Dubai Startup hub boss
Hisham Al Shirawi said that financial institutions should allocate funds to set up support networks for entrepreneurs
Emirates NBD
Emirates NBD launches VAT-based loan solution for SMEs
Bank lending remains one of the biggest challenges faced by GCC-based SMEs