Number of Banks Involved in Administration of Government-assisted Schemes

Mr Don Wee asked the Minister for Trade and Industry how many banks are currently involved in the administration of Government-assisted schemes such as the Temporary Bridging Loan.

Mr Chan Chun Sing: Enterprise Singapore works with 18 Participating Financial Institutions (PFIs) to implement financing schemes such as the Temporary Bridging Loan Programme and the Enterprise Financing Scheme. The PFIs include banks, finance companies, and leasing companies. The full list of the PFIs that administer the various schemes can be found on Enterprise Singapore's website.