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Maldives Ministry of Finance to allocate US$18.8Million as SME loans to boost the economy

Maldives Ministry of Finance to allocate US$18.8Million as SME loans to boost the economy

21 July 2020
| By Invoice Bazaar

In an effort to boost SMEs impacted by COVID-19, Maldives Government has disbursed US$ 11.2million to 1,303 SMEs through the SME Development Finance Corporation (SDFC), while a further US$ 9.8million is to be disbursed to 640 businesses ..

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Maldives Ministry of Finance to allocate US$18.8Million as SME loans to boost the economy

Related Articles

The transaction banking revolution has only just begun

Global Trade Finance Gap Expands to $2.5 Trillion in 2022

How blockchain-based facilities can close the $2tn global trade finance gap

The Impact of COVID-19 on Trade Finance: A Retrospective Analysis

Innovating Trade Finance for MSMEs

The Future of FinTech: The Technological Revolution in Trade Finance

The Rising Influence of Non-Bank Financial Institutions in today’s market

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Trade finance volumes robust as growth slows

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The Resurgence of Letters of Credit: A Response to Tightening Liquidity & Rising Interest Rates

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Impact of regional US banks’ fallout on Trade Finance: How LC & Open Account Financing fared in the crisis

Trade finance must digitalize to combat fraud

The world’s trading system needs to ditch its paper trail

A new paradigm for global trade

Digital Supply Chain Finance is the future for global economic development & recovery

CRR hit to trade-finance banks should be avoided

Are the current Indian policies with regard to export financing sufficient to beat inflation?

Triterras wins the Singapore SME 500 Award 2023

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