Singapore and Ghana aim to improve MSME finance

Project aims to create “universal trusted credentials” to assess smaller firms’ creditworthiness

Monetary Authority of Singapore
The Monetary Authority of Singapore
George Johnson

The central banks of Singapore and Ghana are working with three international organisations to increase micro, small and medium-sized firms’ access to finance.

The project’s partners are the Monetary Authority of Singapore, the Bank of Ghana, the United Nations Development Programme, the Global Legal Entity Identifier Foundation and the SME Finance Forum. The organisations launched their new initiative for micro, small, and medium-sized enterprises (MSMEs), today (November 14).

They propose

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