RHB targets RM100mil in SME loans over one year

Online platform: (from left) RHB Banking Group acting head of group retail banking Nazri Othman, Ng, and group chief communications officer Norazzah Sulaiman at the launch of ‘RHB SME Financing’ yesterday.

KUALA LUMPUR: RHB Banking Group is targeting to approve RM100mil in SME loans over the next one year through its new online financing platform for small businesses.

This will help drive the growth of its SME business segment, said head of group business and transaction banking Jeffrey Ng.