Financial authorities, Kayin State SMEs discuss loans

Deputy Minister U Maung Maung Win delivers the speech at the meeting with small- and medium-sized enterprises in Kayin State yesterday. Photo: MNA
Deputy Minister U Maung Maung Win delivers the speech at the meeting with small- and medium-sized enterprises in Kayin State yesterday. Photo: MNA

Financial authorities held a meeting with small- and medium-sized enterprises in Kayin State yesterday to discuss granting loans to enterprises.
Some 150 businesspersons from Kayin State attended the meeting with the committee on providing financial assistance for private sector development, which was led by Deputy Minister for Planning, Finance and Industry U Maung Maung Win.
The local businesspersons requested that authorities relax rules for obtaining SME loans, extend the loan period and coordination from the governmental departments for granting land ownership documents, and decrease interest rates.
The officials from the committee explained the loan process and discussed the issues presented by the businesspersons. Kayin Region Chief Minister Daw Nan Khin Htwe Myint, Kayin State Minister for Planning, Finance and Development Affairs, officials from the Myanma Agricultural Development Bank and from the Central Bank of Myanmar were also present at the meeting. —MNA (Translated by Kyaw Zin Lin)

Share this post
Hot News
Hot News