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Why UAE banks shun lending to SMEs

Banks have abundant liquidity and can overcome financial woes of small and medium enterprises (SMEs) provided the sector incorporates fundamental changes in its day-to-day operations, according to a senior banker. Mahdi Kilani, head of SMEs committee at the UAE Banks Federation, said the SME sector's true potential could not be…

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Click here to read the full story: Khaleej Times

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