RHB Bank confident of hitting SME loan target

Latest offering: (from left) RHB Banking Group group chief operations officer Rohan Krishnalingam, group business and transaction banking head Jeffrey Ng, Khairussaleh, Asian Business Software Solutions Sdn Bhd chief operating officer and acting chief executive officer Grant Morgan, group sales director Rhys Brown and Censof Holdings Bhd group managing director Ameer Shaik Mydin at the launch.

KUALA LUMPUR: RHB Bank Bhd, which is targeting to grant RM31bil in financing for small and medium enterprises (SMEs) by 2021, is confident of hitting a third of that target by this year on the back of favourable take-ups so far.

Group managing director Datuk Khairussaleh Ramli said RHB is already on track of surpassing the RM7.2bil worth of financing approved to SMEs last year.