Bank Negara's RM3.3b SME financing under stimulus package


The central bank said on Thursday the allocation under its fund for SMEs was to assist businesses and households impacted by the Covid-19 outbreak.

KUALA LUMPUR: Bank Negara Malaysia has allocated RM3.3bil to help small and medium size enterprises (SMEs) to sustain their business operations, safeguard jobs and encourage domestic investments.

The central bank said on Thursday the allocation under its fund for SMEs was to assist businesses and households impacted by the Covid-19 outbreak.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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