Central Banking

Seychelles governor underscores the challenges facing SMEs

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Caroline Abel said there was “limited capacity” to meet SMEs' expectations of financial support

The governor of the Central Bank of the Seychelles has highlighted several factors that “inhibit” small- and medium-sized enterprises (SMEs) from accessing markets.

Speaking at the eighth SME finance working group meeting, Caroline Abel reported the findings of a survey launched last year to assess development issues.

“SMEs lack market information and marketing skills,” Abel said. She also noted “limited capacity” to meet SMEs’ expectations in terms of the provision of financial and non

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