Chamber of commerce lobbies banks to be proactive on ending financing woes

The Georgetown Chamber of Commerce and Industry (GCCI) yesterday lobbied banks to take a proactive approach towards addressing the financial woes faced by the private sector and called for finances to be readily available for com-mercial entities to navigate challenges.

The GCCI said in a statement that access to finance is one of the most critical issues facing the business community and it believes that the banks play a major role in mitigating the existing challenge.

“The banks’ failure to respond to the concerns of the private sector leads to the assumption that the issue of access to finance may be a question of internal diffidence at their level as opposed to a national legislation or policy concern,” the statement said.