SMEs Don’t See Banks as Business Partners, Strands Survey Shows

[kreslik.news]

Small and medium enterprises (SMEs) face an uphill struggle when it comes to securing certain banking services, and banks need to rethink the role they want to play in this space to capitalise on the SME banking opportunity, according to the results of a survey conducted by Strands.

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Strands, a provider of financial management technology, said that the latest findings from its study “SME Banking: Intelligence – Not Applied” show that 70% of SMEs regard their banks as a utility ... (read more)