Minister of Finance and the Public Service, Audley Shaw (left), shares a light moment with Chairman of the Development Bank of Jamaica (DBJ), Christopher Zacca, at a consultation to discuss the DBJ/World Bank Environmental and Social Management Framework Policy, at The Jamaica Pegasus hotel, today.

KINGSTON, Jamaica (JIS) — Minister of Finance and the Public Service, Audley Shaw, is urging commercial banks to find innovative ways to improve access to financing in order to aid in advancing the country’s growth agenda.

He said this should include “taking firm and decisive steps” to provide low-interest loans to micro, small and medium-sized enterprises (MSMEs) in the productive sector of the society.

“Let’s expedite the application process and let us resist the temptation to offer high interest, intermediary lows…,” Shaw said.

He was addressing a consultation to discuss the Development Bank of Jamaica (DBJ)/World Bank Environmental and Social Management Framework Policy, at The Jamaica Pegasus hotel today.

http://www.jamaicaobserver.com/latestnews/Banks-urged-to-improve-access-to-financing-for-MSMEs