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COVID-19: OCBC To Offer S$1B In Gov’t-Assisted Loans To SMEs As Applications Spike 10 Times

By the end of June 2020, OCBC Bank expects to lend out S$ 1 billion in government-assisted SME (small and medium-sized enterprises) loans to help businesses struggling to survive the COVID-19 pandemic. The S$ 1 billion loan amount will exceed that of what OCBC Bank had lent to small businesses …

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