The country has made good progress in restructuring its domestic debts under an exchange programme that was concluded earlier this month.
Negotiations for an
At an engagement session organised for its SME clients in
"Liquidity is king in volatile times. Businesses that generate frequent cash, have low receivables and diversify their business models from a reliance on big ticket contracts, will survive and begin to thrive when the economic challenges recede," he said.
The SME clinic, attended by over 200 clients, was under the theme: "Survive and Thrive: tactics for uncertain times." It was also the first in-person SME engagement for the bank's customers since the COVID-19 pandemic.
In her opening remarks, Head of SME Banking and Partnerships at
She advised participants to also leverage customer service experience to transform their clients into net promoters for free.
As part of the engagement, the SME businesses were taken through a series of practical sessions, including liquidity management, cost line management, revenue generation and utilisation of credit lines.
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