Call to focus more on loans to SMEs


PETALING JAYA: Financial institutions should focus more on commercial loans, especially to small and medium enterprises (SMEs), against increasing concerns over the level of household debt.

No doubt, the household sector which comprises mortgage, hire purchase, personal and credit card financing is generally less risky, the SME sector is a new growth area that can be further tapped.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

FBM KLCI soars above 1,600, highest in over two years
Bursa reach to bridge investor-remisier gap
BP profits drop to US$2.7bil, refinery outage offsets higher output
UOB Malaysia launches Masterclass to help businesses for EU's Carbon Border Policy
Oil climbs after Israel strikes Gaza, truce talks continue
Overcapacity talk won't affect MNCs' commitment
Nintendo expects to sell 13.5 mln Switch units this year
M&A Securities and Newparadigm back Siab’s acquisition of Taghill with rights issue
Saudi Aramco maintains dividend despite lower net income in Q1
Pekat unit in negotiations over purchase of stake in electrical power solutions firm

Others Also Read