Home / Business / Three banks cut loan rates, spooked by SME debt

Three banks cut loan rates, spooked by SME debt

Three of the country’s biggest banks are cutting lending rates further, seeking to head off more loan defaults from struggling small businesses and retail customers hit by the flagging economy.
Source: Business

About hmapj

Check Also

US Fed expected to stand its ground despite rising inflation

WASHINGTON: Even in the face of rising inflation, the lacklustre progress on restoring jobs lost …

Leave a Reply

Your email address will not be published. Required fields are marked *