MANAMA: The Bahrain Development Bank (BDB) has unveiled a new initiative aimed at enhancing support programmes for small and medium enterprises (SMEs) as well as increasing their competitiveness in the Bahraini market.
The initiative, which is represented by SMEs development directorate in co-operation and co-ordination with the bank and the Industry, Commerce and Tourism Ministry, will grant SMEs with a classification certificate and provide preferential profit rates .