Bahrain SME sector achieves remarkable growth of 14%

Bahrain SME sector achieves remarkable growth of 14%

“This trend reflects the Bank’s awareness of the rapid changes taking place in this vital sector and its commitment to providing the necessary support to establishments in this sector to ensure their easy access to financing solutions and enable them to easily manage their commercial transactions for the prosperity and growth of their business,” she said.

“The bank is making significant strides to promote the development of small and medium enterprises (SMEs) in the Kingdom by investing and managing the “Al Waha” Fund of Funds. Notably, the Al Waha Fund has successfully achieved 95% of its target investment value within just 5 years, primarily through investing in venture capital companies, which then allocate funds to technology companies”.