Lasco Financial Services will be providing affordable financing to members of the micro, small and medium-sized enterprise (MSME) sector after clinching a deal with the government under a public and private sector partnership.
The company's general manager in charge of finance, Sharlene Williams, says it will be working with the government on the development of a new loan product after it was named as the preferred bidder recently.
However, she stressed that this work has not yet started.
The company generated net profits after tax of $40.5 million on total income of $555 million during the June quarter.
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