Kafalat issued last year 712 guarantees for bank loans granted to small and medium-sized enterprises (SMEs). This represents an increase of five percent compared with 2015.
The value of loans benefiting from these guarantees amount to $93 million in 2016, the same figure as that of the previous year, according to data obtained from Kafalat.
"Last year was relatively more stable security-wise than 2015 which has encouraged more business people to apply for loans and guarantees," s...
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The value of loans benefiting from these guarantees amount to $93 million in 2016, the same figure as that of the previous year, according to data obtained from Kafalat.
"Last year was relatively more stable security-wise than 2015 which has encouraged more business people to apply for loans and guarantees," s...
Article details
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