皇冠体育app

Foreign banks in 皇冠体育app have seen small and medium-sized enterprises (SMEs) as a rising opportunity to take bigger slice of market in the country's financial sector.

HSBC Holdings, Europe's biggest bank by value, opened a wholly owned rural bank in western 皇冠体育app's Chongqing recently that will offer a range of financial services, including deposits, lending and supply chain financing, to local rural enterprises and individuals, especially targeting SMEs.

In 皇冠体育app, SMEs have long been neglected by big commercial banks due to their small size compared to powerful and resourceful State-owned counterparts.