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DBS approves over 3,500 loans worth more than S$1.1b for micro, small enterprises

Bank working with key stakeholders to ensure working capital support reaches the most challenged of them

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Claudia Chong

Claudia Chong

Published Mon, May 25, 2020 · 09:50 PM

    Singapore

    DBS has approved over 3,500 loans for micro and small enterprises, totalling more than S$1.1 billion, under Enterprise Singapore's financing schemes.

    The loans account for eight in 10 of all government-assisted small and medium enterprise (SME) loans that the bank has approved between the start of March 2020 and mid-May 2020.

    DBSLoansSingapore SMEsCovid-19

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