Chambers role in SME financing
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Transcript of Chambers role in SME financing
![Page 1: Chambers role in SME financing](https://reader035.fdocuments.us/reader035/viewer/2022062514/557cfe9ed8b42a89158b4fed/html5/thumbnails/1.jpg)
Chambers possible role in addressing challenges of
“SME financing” for both parties
by:Hussain Janahi
BCCI SME Development & Support Counselor
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Quick overlook
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Ease of obtaining finance - Bahrain
By:Dun & Bradstreet
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Roles to be taken by CBAs
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CBAs possible role in “SME financing”
• Providing technical support to Entrepreneurs
• Being an integral element of SME expansion plans
• Providing SMEs with consent letters to financial institutions
• Providing SMEs with directional manuals to the various funding sources.
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CBAs possible role in “SME financing”
• Assisting SMEs in completing funding formalities
• Providing technical support in areas of book keeping and accounting
• Hosting representatives in one-stop-shops
• Entering into partnerships with funding institutions
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Our experince as an example
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BCCI role in financial support
• Bahrain SME facts:
• 76% of total businesses• 28% contribution to GDP• 77% contribution to employment By:
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BCCI role in financial support• Conduct training programs on starting up a new
business and specialized programs such “Finance for non finance managers”
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BCCI role in financial support
• Hosting counselors from banking partners in our SME Development & Support Centre
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BCCI role in financial support
• Exploring possible partnerships with commercial banks
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BCCI role in financial support
• Sign partnerships with SME banks
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BCCI role in financial support
• Provide full listing of the working banks in the Kingdom of Bahrain
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Thank you ....