Alliance Bank provides assistance

This immediate financing facility by Alliance Bank supports Bank Negara ’s special relief facility announced last week, which has an allocation of RM2bil and a financing rate capped at 3.75%.

KUALA LUMPUR: Alliance Bank Malaysia Bhd has initiated a special financing facility to assist small and medium enterprises (SMEs) impacted by the Covid-19 outbreak.

This immediate financing facility by Alliance Bank supports Bank Negara ’s special relief facility announced last week, which has an allocation of RM2bil and a financing rate capped at 3.75%.