The central bank said the move is part of its strategy to enhance public confidence through consistent policy implementation and active stakeholder engagement.
Business

Banks urged to prioritise productive sector lending

LOCAL financial institutions should prioritise lending to productive sectors of the economy to increase output and stimulate exports to boost foreign currency reserves, trade experts have said. This came out at the POSB Exports Seminar on Friday, where stakeholders in the export sector applauded the State-owned financial institution’s commitment to supporting productivity but called for…

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