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View all search resultsThe government is planning intervene in the credit market to address nonperforming loans to micro, small and medium enterprises (MSMEs) and free up banks to lend further to the group, but experts say the move could have a dire impact on small banks’ balance sheets.
A fintech webinar explored the use of the alternative innovative credit scoring (ICS) method as a means of helping individuals and small businesses gain greater access to loans, and improving financial inclusion and literacy in Indonesia.
Cooperatives and Small and Medium Enterprises Minister Teten Masduki said during the launch of a mentoring program on Thursday 40,000 micro, small and medium enterprises (MSMEs) across 18 provinces nationwide would be assisted.
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