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Across Asia, banks are rolling over loans, helping with repayments, and working hard to get deals done: anything to help struggling clients deal with the growing threat from the coronavirus Covid-19.
In Singapore, UOB is allocating S$3 billion ($2.14 billion) to small and medium-sized firms that have been hit hardest by the outbreak.
Firms can apply to rework principal repayments, service their loan interest for a 12-month period, and extend working capital financing by up to S$5 million.
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