Thu, Aug 28, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Market Moves more

Banks’ cautious approach may hurt SME growth

Posted on 14 March 2012

Extraordinary efforts are underway in the Gulf region focusing on the financial and banking sectors to resolve the crisis of financing small and medium-sized projects, which has almost stopped as a result of the global credit problems that started in mid-2008.
The credit crisis has led to a drastic decline in the volume of cash inflows to projects — also the emergence of strict banking conditions have paralyzed many projects. The crisis has also resulted in reducing growth rates, highlighting a serious decline in the levels of the GDP………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031