Government Rolls Out More Support for SMEs

The government made several moves to help small and medium enterprises (SMEs). Two more credit surety funds, in which contributions are pooled from cooperatives, non-govenrment organizations, and government financial institutions, were formed, bringing its total to 47. The funds make it easier for SMEs without acceptable collaterals and track records to borrow money. State-run Landbank will also expand its lending conduits to four…

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