Banking on trust

Chui: Many SMEs focus heavily on sales while overlooking the non-financial foundations that determine whether a business can scale smoothly, such as governance, internal processes and brand clarity. — Photo: Alliance Bank

TODAY’S small and medium enterprises (SMEs) face an increasingly challenging landscape, marked by rising costs, unpredictable global economic conditions and rapidly changing customer demands.

To navigate this complex environment, entrepreneurs require support in their business journeys beyond just financing, Raymond Chui, group chief business and transaction banking officer of Alliance Bank, tells StarBiz 7.