|
The Group for Small Business supports Micro and Small Enterprise (MSE) programmes through financial intermediaries. These programmes enable small businesses to access formal finance, which is often an obstacle in the Bank's countries of operations. In addition to working with existing banks, the EBRD helps establish microfinance banks and non-bank micro finance institutions.
Long term sustainability of MSE activities is ensured through institution building and training on appropriate lending procedures. Hence, the programmes support economic development as well as social stability.
|
