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PSOJ President urges banks to consider small business operators

Keith Duncan, President of the Private Sector Organisation of Jamaica (PSOJ), has urged banks to make it easier for small business operators to access loans.
 
He said it is not difficult, and pointed to a practice where banks offer low interest loans to their employees.
 
Duncan was speaking on Monday at a PSOJ and Jamaica Bankers Association workshop in Kingston.
 
The aim of the forum was to among other things, identify issues in the banking sector that may be hindering growth in Jamaica.
 
Duncan said entrepreneurs are more willing to invest now, however, a main hindrance is the limited access to capital.
 
He feels it is up to banks to help entrepreneurs take their business from small to medium and large scale.


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