PETALING JAYA: Alliance Bank Malaysia Bhd expects its collaboration with Celcom Axiata Bhd to generate RM200mil in financing from the small and medium enterprises (SMEs).
Alliance group chief executive officer (CEO) Joel Kornreich said the company had teamed up with the country’s largest private mobile network operator to offer an affordable all-in-one connectivity and hassle-free financing.“We have surpassed the RM9bil mark for SME lending and we expect about RM200mil will come from this partnership, ” he told reporters after signing the memorandum of understanding here yesterday. — Bernama