Background of formation

With the development of the industry over time, there is a need to have an organized representation of Licensed Money Lenders to protect the general interest of money lenders, as well as the general public and consumers. Simultaneously, LMLA works and liaises closely with relevant government authorities with an aim to enable their better understanding on the practical difficulties encountered by the industry players in the daily operation so that respective policy and measures can be further explored and implemented, enabling the substainable and healthy advancement of the industry.


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