KUALA LUMPUR: RHB Banking Group (RHB) was accorded Top Performer Award, by Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) for providing the highest amount of financing to small- and medium-sized enterprises (SMEs) under the government-guaranteed financing scheme.
SJPP, a wholly-owned company of the Ministry of Finance Incorporated (MoF Inc), is an administrator and manager of credit guarantee schemes under MoF Inc.
In a statement Thursday, the bank said the award recognised the bank’s role as top among five financial institutions with the highest market share of 20.1% of SJPP loans amounting to RM1.43bil.
Other incumbents awarded include SME Bank at 15.6%, Maybank at 13.8%, Standard Chartered at 11.4% and United Overseas Bank at 8.9%.
“RHB will continue to spur the growth of SMEs in the Malaysian economy by providing holistic financing solutions and an ecosystem that supports end-to-end operational requirement.
“We are honoured to be preferred banker among our clients who have trusted RHB to provide reliable expertise and services in growing their business portfolio,” managing director Datuk Khairussaleh Ramli said.
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