Middle eastern countries: Bahrain Innovation Bank

Founded inside the 1992 because of the Bahraini government, Bahrain Invention Bank (BDB) belongs to you to definitely state’s jobs to help you diversify its savings toward non-oil-producing groups. SMEs are vital to those jobs. BDB aims to support entrepreneurs and you will SMEs owing to money, money, and you can consultative and mentorship programs and you can meetings tailored toward SME markets.

The lending company has the benefit of borrowing products for different style of SME businesses, together with farming and fisheries, development, degree, health-care, tourism, and you may transportation organizations. Additionally will bring monetary functions targeted to women. That results of which is tijara, BDB’s electronic financial case. It program also offers SMEs quick access to resource and effective control out of business purchases, salary transfers, or any other payment qualities. -LS