|Event Date/Time: Dec 15, 2008||End Date/Time: Dec 16, 2008|
Thus, they miss a golden opportunity to seek the cheapest form of financing for their businesses. They too need not have to rely on their collaterals, if they donâ€™t have, to support their application for trade lines.
The government of Malaysia, in order to expand the export sector, had for a long times been encouraging the banks to offer these trade lines at a very low rate of interest. Banks are also convinced to be easy with the limits and terms of these trade lines. Thus the gearing of company and the margin of advance against value of the collateral are unbelievable, depending on each bankâ€™s policy.