SMEs wait for banks' next move, with rise in government's risk share for loans

Singapore

THE government will further raise its risk-share of several enterprise loans, as it pulls out all the stops to enhance financing support so that "viable businesses" can continue to have access to credit, said Deputy Prime Minister and Finance Minister Heng Swee Keat on Monday.

This applies to the Temporary Bridging Loan Programme, and the Enterprise Financing Scheme's SME Working Capital Loan and Trade Loan.

For the above, the government's risk share will be raised from 80 per cent to 90 p…

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