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CONSIDER POTENTIAL OF SMEs WHEN GIVING OUT LOANS, BANKS TOLD.
from BERNAMA, The Malaysian National News Agency SHAH ALAM, August 2 (Bernama) -- Financial institutions should consider the potential of small and medium enterprises (SMEs) and their cash flow when providing loans, Second Finance Minister Datuk Ahmad Husni Mohamad Hanadzlah said today.
He said the ministry had received many complaints from companies with innovative products which had secured orders from overseas but still could not get loans from banks because of the requirement for collateral.
Banking institutions are still giving priority to established companies which have been making profits when giving out loans, Ahmad Husni said.
"Asset lending …
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