M'sian banks seen benefiting from relocation of S'pore SMEs


PONTIAN: The relocation of Singapore-based small and medium enterprises (SMEs) to Johor will create and offer good growth prospects and opportunities for the local banking industry.

RHB Bank Bhd southern regional director Ahmad Zaini Sofian said Johor was the logical choice for the SMEs to move their operations due to the state’s close proximity to the republic.

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