Small & medium-sized enterprises ie. SMEs have long been considered one of the key drivers for economic growth along with an exceptional ability to fuel employment in a country. The importance of SMEs in the global economy lies in the report issued by the World Trade Organization according to which SMEs represent over 90 percent of the business population, creating 60-70% of job opportunities and 55% of GDP in the developed economies. Read more: https://www.emeriobanque.com/blogs/trade-finance-and-smes-reasons-why-smes-opt-for-trade-finance