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    • Abstract:
      "By challenging the whole SME lending model, we have so far unlocked around $2bn worth of lending to the SME sector", he says. This was done by helping de-risk lending to SMEs and also by working with banks to better manage their SME risk assessment and also to modernise their own internal systems in terms of technology. The stabilisation aspect of the Fund has even extended guarantees to include loans disbursed by banks pre-Covid, thus helping banks restructure the loans and providing the necessary support for the SME sector. [Extracted from the article]