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04 Feb, 2021
Online
Piggy bank with mask and money, with coronavirus images
Guarantees
Covid-19
By invitation only At the beginning of the COVID-19 pandemic, many SMEs encountered liquidity problems. To address SMEs’ liquidity concerns, numerous relief measures have been implemented by governments and credit guarantee institutions worldwide. Subsidized interest rates, moratoriums on loan repayments, deferments of tax payments, wage subsidies, and guarantees are a few of the measures put in place to help the SMEs. Given the prolonged health crisis and the highly uncertain economic outlook, credit guarantee programs are likely to play an even more critical role in supporting SMEs’...
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