Banks to lend $11 bn to MSMEs to boost economic recovery

The national association of banks in Colombia (Asobancaria) launched yesterday ‘Colombia Se Activa’ economic recovery plan. It is a multi-bank alliance to provide financial services to micro, small and medium enterprises (MSMEs). Under this plan, Asobancaria expects disbursements passed to small and medium-sized companies and their portfolio to grow by 8% and 7.3% this year.

Source: Portafolio