RHB bags SJPP’s Top Performer Award

(Third from left) RHB Banking Group MD Datuk Khairussaleh Ramli receiving the Top Performer Award from Finance Minister Lim Guan Eng flanked by the representatives of other financial institutions, at the award ceremony in Kuala Lumpur recently.

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. 
Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights



Next In Business News

Moody’s: Sustainable bonds issuance to top US$850bil
Public Mutual declares gross distributions of RM235m for 13 funds
Central banks go big on gold buying
Earnings bounce, bond-yield drop help keep party going for US stocks
Bitcoin rallies past key $40,000
PBOC: China will maintain prudent, flexible monetary policy
Bank Rakyat launches entrepreneur programme
CPO futures seen trading with upward bias next week
As scrutiny mounts, crypto exchange Binance to wind down derivatives in Europe
Oil price climbs, notches fourth monthly gain on growing demand

Stories You'll Enjoy