Bank of America’s performance in the small and medium-sized enterprise (SME) space in 2024 marked a standout year of innovation, execution and commitment to client needs. From client acquisition and digital engagement to international support and enhanced advisory capabilities, these are just some of the reasons why Euromoney has named Bank of America as the world’s best bank for SMEs.
In 2024, BofA’s global commercial banking (GCB) division achieved record-high client revenue, with loan volumes increasing by 4% year-on-year and deposit growth reaching 6%.
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