SMEs Account for One-Third of Standard Chartered Ghana's Loan Book

Standard Chartered Ghana says small and medium-sized enterprises now account for roughly one-third of the bank's loan portfolio, underlining the sector's growing importance to the financial institution.

The bank said it continues to expand support for SMEs through financing solutions, advisory services and initiatives aimed at helping businesses improve their operations and access new opportunities.

Bank officials noted that SMEs play a vital role in Ghana's economy by creating jobs, driving innovation and supporting local supply chains. They added that improving access to finance remains essential for enabling businesses to scale and compete effectively.

Standard Chartered Ghana said it remains committed to supporting the growth and sustainability of the country's SME sector.

Source: News Ghana