Funding Remains a Constraint in the Growth of SME's in PNG
223 views · Published 22 March 2018 · 1:47 · Indexed 20 September 2026
Channel: EMTV Online · 2018 · News & Politics
The National Development Bank’s Managing Director Moses Liu says, inadequate funding remains a constraint in the growth of SME’s in the country. The National Development bank has approved over 30, 000 loans to Small to Medium Enterprises around the country, within the past 8 years. The demand for SME loans has been increasing at an average of 20% every year, however inadequate funding has resulted in over K300 million worth of approved SME loans not being funded. visit us at http://www.emtv.com.pg/ for the latest news...
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