Zimbabwe: Barclays Sets Up U.S.$20 Million Fund for SMEs

Barclays Bank Zimbabwe limited has set aside $20 million under a fund aimed at providing loans to Small and Medium Enterprises. The bank currently has a total of 5 000 SMEs on its books.

Speaking at a young business journalist training programme, Barclays Bank Zimbabwe commercial director Lawrence Nyazema said the fund is meant to capacitate SMEs.

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