As the coronavirus spreads globally, SMEs are under incredible strain. More than 3 billion people are confined to their homes and SMEs are experiencing drastic drops in revenue.
In response, banks across the world are implementing an array of measures to ease the burden on SMEs.
In this paper, Efma looks at SME assistance packages that are being implemented throughout the world and offers some standard support guidelines for SME relief packages.
For more, access Efma’s Covid-19 aggregator page here
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Keywords : Business strategy/Model , SME/Corporate , Credit , Covid-19