Standard Chartered Saadiq and Tamkeen introduce financial scheme to help SMEs

Standard Chartered Saadiq and Tamkeen introduce financial scheme to help SMEs

MANAMA: Standard Chartered Saadiq and Tamkeen have introduced an Enterprise Finance scheme for Standard Chartered customers in Bahrain's market. Through the Enterprise Finance scheme, Tamkeen will offer the bank a 50 percent guarantee for the total financing amount as well as subsidize 50 percent of the profit payments due from the benefiting enterprises.