MBU Capital acquired Union Bank PLC in 2020. This report was commissioned to identify the feasibility of penetrating the UK and potentially long-term International SME markets.
The report addresses key market characteristics, the attractiveness of the SME landscape, competitive challenger banks, customer demographics and opportunities that can be exploited in the SME segment.
SMEs account for 99.9% of all UK enterprises. Globally, SMEs are responsible for around $850 billion of annual revenue for banks.
