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The Standard e-Paper
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The Standard Group Plc is a
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influence in matters of national and international interest.
More firms and banks are facing financing issues attributed to jitters in the corporate bond market despite denying credit to small and medium-sized businesses due to the rate cap law.
Banks, besides depending on deposits, usually borrow money to lend out. They also have the cheap option of approaching fund managers and pension funds for a corporate bond - a debt security issued by a corporation and sold to investors or type of loan to a corporation.
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