Industry and Commerce Minister Reiterates Call for Banks to be More Flexible with Lending Requirements for MSMEs
Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda has reiterated his call for financial lending institutions to make changes to the way they assess loan applications from Micro, Small and Medium Sized Entities (MSME’s).
Minister Samuda, who was speaking at the opening of the Caribbean MSME Conference at the Hilton Rose Hall in Montego Bay, St. James on Thursday, said it is critical for lending institutions to consider character, management,...