Fujian Province-based Industrial Bank will expand its small and medium-sized banking services to tap a market segment overlooked by bigger banks. [CFP]

Fujian Province-based Industrial Bank will expand its small and medium-sized banking services to tap a market segment overlooked by bigger banks.

SMEs struggle, compared to big companies, to secure financing due to a lack of collateral and short credit history records. The bank targets private business owners for growth potential.