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Best SME finance house: Bank of America Merrill Lynch |
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Also shortlisted: BNP Paribas |
Lending to small and medium-sized enterprises is one of the fundamental roles of a bank. But it is one that deleveraging since the financial crisis has brutally curtailed at some institutions. The re-establishment of credit channels to these corporates has become a political flashpoint in Europe as economic growth stagnates. Growing interest from non-bank lenders in lending to these firms means that banks are under more pressure not only over the volumes that they lend, but in how they service these clients across the board.
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