Expert Bank Credit Dnepr on support of small and medium business in the context of modern challenges
30 November 2018
Today, the global and Ukrainian business faces many challenges: globalization of markets, fierce trade wars, total digitalization, tight control and the need for increased transparency of transactions, a sharp increase in competition for financial and human capital. As a result, the average lifecycle of companies is shrinking, because survival is only able to timely adapt their own business models to the rapid changes in the market environment. Business transformation as an urgent requirement of time became the main theme of the forum Level Up Ukraine 2018, which took place in Kyiv on November 28th. Organizers of the event - Deloitte and the Association of Taxpayers of Ukraine - gathered on a unique platform of business networking of owners and top managers of companies - innovative industry leaders, investors, economists, bankers, lawyers. Experts talked about how external and internal trends stimulate Ukrainian business to change, reviewed successful case studies of companies through investment attraction, held master classes on solving practical issues in the banking, legal and financial spheres.
From the Bank Dnipro Credit, the Deputy Chairman of the Board Andriy Moyseenko took part in the forum. Commenting on the work of the thematic panel for small and medium-sized businesses, he noted that in the post-crisis period, competition among financial institutions for successful small and medium-sized businesses has increased, since their service, on the one hand, allows banks to diversify portfolios of loans, liabilities, commission income, and the second - contributes to the sustainable development of the economy. The focus of lending activity is agribusiness, a key export industry with significant potential for increasing production efficiency through additional bank financing, especially in the segment of medium-sized farms. In addition to lending, SME clients are willing to use business products, for example, tender guarantees to participate in government procurement. Companies operating in foreign markets receive comprehensive Forex-support - the best exchange rates, direct dealings and individual online currency consulting.
The main competitive advantages that allow Bank Dnipro Credit to increase the base of quality SME clients, the expert called speed, flexible approach and high professionalism of managers.
"Small and medium-sized businesses are now a priority client segment for banks given their dynamism, ability to quickly adapt to market conditions, moderate overregulation and lower concentration of risks compared to large businesses. Everyday comprehensive financial support for the activities of SMEs, investing in their modernization, increasing efficiency and profitability, we not only consider a successful business strategy, but we see in it a certain social mission to support the real sector, without which economic recovery and growth is impossible. ", - said Andriy Moiseyenko.
For more detailed information on the target product offers of Bank Dnipro Credit for small and medium-sized businesses, see the link below.