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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

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

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

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

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Australia's Lynas Rare Earths CEO to retire after over a decade in role
AirAsia X to be renamed AirAsia from Jan 19
HK sees innovation, tech efforts bear fruit
VSTECS appointed distributor of Agibot humanoid robotics solutions
Kumpulan Jetson unit disposes of adhesives manufacturing business for RM14.8mil
Malaysia's Nov natural rubber production down 29.6% - DOSM
Perodua expects Malaysia's TIV to reach 820,000 units for 2025
Required low-carbon investment for OIC averages 1.4% of GDP - Bank Negara deputy governor
MPOB to introduce used cooking oil reference price in 1Q 2026
Bank rally keeps FBM KLCI at multi-year highs

Others Also Read