BOI Rules Out Loan Relief for MSMEs Over Poor Business Management

The Bank of Industry (BOI) has warned micro, small and medium-sized enterprises (MSMEs) that poor business management will not be accepted as a reason to avoid loan repayment, insisting that borrowers must repay the funds they receive.   However, the bank said it remains willing to restructure loans for businesses facing genuine financial difficulties caused […] The post BOI Rules Out Loan Relief for MSMEs Over Poor Business Management first appeared on MSME Africa. The post BOI Rules Out Loan Relief for MSMEs Over Poor Business Management appeared first on MSME Africa.