UOB Malaysia signs deal with SJPP to offer loans to SMEs


PETALING JAYA: United Overseas Bank (Malaysia) Bhd has signed an agreement with Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) to offer government-guaranteed financing to small and medium sized enterprises (SMEs)

In a statement yesterday, UOB Malaysia said that under the agreement, SMEs can obtain collateral-free loans of up to RM1mil through the SJPP-UOB BizMoney financial solution.

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