Finance companies to crank up game as digibanks target SME turf

They risk being left behind with the advent of fleet-footed digibanks that are not only more nimble, but may also offer better rates and services


HAVING enjoyed some lift in their business following relaxed financing rules in 2017, finance companies may have to brace for a tougher fight defending their turf in their core small and medium-sized enterprise (SME) segment in the next few years.

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