DBS approves loans worth $1.1b for micro, small businesses

Uploaded By:  Alyssa Divina Submitted By:  Staff Reporter Case Study:  No Interest rates of Enterprise Singapore financing schemes averaged 2-3%. DBS has approved over 3,500 loans totalling $1.1b for micro and small enterprise businesses under Enterprise Singapore’s financing schemes, the lender revealed in the press release. Around three in ten loans approved were for customers with no prior relationship with the bank, whilst over half were for customers with no prior borrowing history with DBS. read more