MICROCAPITAL BRIEF: International Finance Corporation (IFC), Governments Of Austria And Japan Train Bankers In Georgia To Provide Financial Services To Small And Medium-Sized Enterprises (SMEs)

International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, is currently training bankers in the nation of Georgia to provide financial services to small and medium-sized enterprises (SMEs).

IFC is partnering with the governments of Austria and Japan to offer the three-day program covering strategy and market segmentation, product design, credit risk management and information management systems.

The initiative is aimed at building self-sustaining SMEs and strategies for funding these organizations. While reportedly being major drivers of economic growth and job creation in Central and Eastern Europe, SMEs often struggle with......

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