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Stanbic IBTC Bank PLC, a member of the Stanbic IBTC Holdings PLC, has restated its desire to support the micro, small and medium scale enterprises sector in
Businesses, and especially small businesses in South Africa, have been particularly hard hit by a dual crisis starting with slower economic growth and then the severe impact of COVID-19 restrictions in 2020 and 2021.
Standard Bank launches instant loans for SMMEs Standard Bank launches instant loans for SMMEs Share Staff Reporter IN yet another ground-breaking development, Standard Lesotho Bank (SLB) this week introduced instant loans for small, medium and micro-enterprises (SMMEs). The facility, which is part of the bank’s digital lending offering is a value-added service which allows business customers, especially SMMEs to access “quick and hassle-free instant loans with no queues and very minimal paperwork”. “This new offering is an addition to digital lending that was introduced last yea...