Terrence Teoh, SME Banking Head at Hong Leong Bank, Said SMEs Should Expand Search for Funding
Interview with Terrence Teoh, SME banking head at Hong Leong Bank, recently named the best SME bank in Malaysia by The Asian Banker. “For SMEs to expand, it is not only funding that is important,” said Terrence Teoh, the head of group SME banking at Hong Leong Bank Bhd (HLB). “Of course funding matters, but on top of that, how you collect your money and manage cash is equally important."
“Most SMEs do not have as much resources as the [larger] corporate and commercial entities. They also do not know what they do not have, especially when they first start out,” Teoh told The Edge Financial Daily in an interview. Read more from the interview.