Standing up for the ‘Mittelstand’ – the unsung heroes of the UK economy

Today, small- to medium-sized companies (SMEs) represent some 90% of all businesses in the UK – and indeed of all businesses worldwide. In the UK, these mid-sized, often family-run, companies – known in Germany as “Mittelstand” – play a crucial role in the UK economy. Nonetheless, while large corporates and businesses that make up just 10% of the pie tend to receive ‘white-glove’ treatment from banks with respect to day-to-day banking facilities and services, and access to financing, the UK Mittelstand (and SMEs in general) are typically far less favoured. on both counts.

Learn more about Greengage’s e-money account services here

Watch Greengage’s e-money video here explaining more about their e-money services and how they differ from other providers.

Read Greengage’s e-money press release here.

Read more about the ‘Mittelstand here

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