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SMES need more diversified financing ecosystem

Photo via The Malaysian Reserve.

“Beyond the orthodox banking system, we need to help diversify the financing ecosystem in order to help SMEs obtain funds for growth purposes,”said Malaysian Finance Minister Lim Guan Eng at the Securities Commission Malaysia on Monday.

SMEs comprise about 98.5% of total business establishments in the country, and employ two-thirds of all workers in Malaysia.
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News via The Malaysian Reserve.

 

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