Barclays Bank pledges more support to SMEs

BARCLAYS Bank will help Small and Medium Enterprises (SMEs) become efficient and create more jobs.

BARCLAYS Bank will help Small and Medium Enterprises (SMEs) become efficient and create more jobs.

Vision Reporter
, writes that Julius Omoding, Barclay's head of SME banking, said on Thursday, the bank will continue to encourage SMEs network and share best practices with peers and larger organisations within the country and abroad.

“We recently took some clients to Dubai, where they were exposed to advanced ways to doing business. They learnt a lot and we are going to continue doing this. We are organising another trip to China before the end of the year,” Omoding said at the Business Club cocktail at Hotel Africana in Kampala recently.

The cocktail was aimed at getting feedback from the SMEs on the bank’s products and to enlighten them on the new initiatives.

Nick Mbuvi, Barclays managing director, thanked the members for continued support.
He said SMEs play a crucial role in driving economic growth in developed and developing countries.