SME ambitions recognised by OCBC Business Card

Small business owners want banks to provide simple and fast services, and they want respect and recognition, says OCBC Bank.

While Asia’s emergence as a centre of global trade is undisputed, the role played by small and medium-size enterprises (SMEs) in this development has not always been reflected in bank services. SMEs have typically been neglected by many banks due to their small size and low margin-high volume business, which puts off many lenders which prefer to focus on multinational corporations (MNCs).

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