Awards for Excellence 2020
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Banking small and medium-sized enterprises is challenging in any market, particularly at the smaller end of the scale. It is even more so in Turkey, where the market is distorted by the predominance of large state-owned banks focused more on pumping up the economy with cheap credit than on commercial imperatives.
Nevertheless, QNB Finansbank has devised a business model for the segment that has proved both profitable for the bank and attractive to Turkish SMEs.
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