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BDB rejects over 1,600 ESP loan applications for failing to meet criteria

Oct 10, 2025 4 mins read
BDB rejects over 1,600 ESP loan applications for failing to meet criteria

More than 1,600 loan applications under the Economic Stimulus Programme (ESP) were rejected for reasons ranging from being outside the programme’s scope to poor Credit Information Bureau (CIB) ratings, financial unviability, and inadequate project knowledge among proponents.

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