Export SMEs Philippines 23-09-2013 Export Development Council calls for higher penalties for banks, who fail to lend to SMEs EDC proposes to raise the amount of sanctions to as much as P10 million for large banks, who are noncompliant with the Magna Carta for MSMEs. EDC proposes to raise…… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here