Mashreq will offer financing of up to Dhs10m to SME customers, of which 50 per cent will be guaranteed or co-lent by EDB
Dubai’s US-dollar denominated debt listings are now valued at $98.5bn
The MoU will cover credit guarantee and co-lending programmes
The Beehive platform uses crowdfunding technology to connect SMEs seeking finance with investors who can support their finance request
This was the second USD transaction issued under EDB’s $3bn Euro Medium Term Note programme
CBD can offer up to Dhs10m financing to an SME, and 50 per cent of the facility amount will be either guaranteed or co-lent by EDB
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