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DBS doubles SME digital business loan quantum to S$200,000

Published Tue, Apr 7, 2020 · 09:50 PM

Singapore

DBS Bank has again doubled the quantum of its digital business loan for small and medium-sized enterprises (SMEs) to S$200,000, to give firms access to more substantial working capital to weather the Covid-19 economic fall-out.

Last Friday, the lender had already doubled the quantum to S$100,000.

KEYWORDS IN THIS ARTICLE

Covid-19

Singapore SMEs

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DBS doubles SME digital business loan quantum to S$200,000

KEYWORDS IN THIS ARTICLE

Banking & Finance

Great Eastern chairman appeals for patience as shareholders fume over share price ‘disaster’

S&P Global first-quarter profit beats estimates on strong product demand

Thai banks cut rate for some borrowers after push from PM

Money laundering accused who faces 22 charges to plead guilty on May 14

BNP Paribas beats estimates as lower costs offset trading slump

Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover

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