A Development Bank for Small and Medium Enterprises in Iran (SME bank of IRAN)
Subject Areas : Technology ManagementKeywords: Small and Medium Enterprise Development Bank, Advisory Services, Financial Services, Access to Financing,
Abstract :
Financial supports just include a part of SMEs essential needs which will be performed through Banking institutions, Development Financial Institutions (DFIs), Leasing and Factoring Companies, Venture Capital Companies (VCs) to support and assist these Enterprises. But development and formation new technical institutions in financial and advisory services lines from SMEs still seems to be necessary. SME Bank of Iran is one of these new and necessary institutes which can be effective as a Development Financial Institution to initiate SMEs businesses, and responding to their special necessity. This Bank as a financial institute and through related financial and advisory proceses can help for financial supports and necessary supplement helps of SMEs. Advisory services in SME Bank of Iran, absolutely, must be presented in an integrated form for financial supports and venture creation.