BNM's RM3.3b fund, banks' preparedness to shore up SMEs during Covid-19

"As the backbone of the nation’s economy, the SME sector deserves all the help it can get during these trying times, ” said CIMB Group chief executive officer Tengku Datuk Seri Zafrul Aziz.

KUALA LUMPUR: As the COVID-19 outbreak widens with Malaysia entering the second wave of spread, the banks’ preparedness along with measures undertaken by Bank Negara Malaysia (BNM) are a shot in the arm for the Small and Medium Enterprises (SMEs) during this difficult time.

"As the backbone of the nation’s economy, the SME sector deserves all the help it can get during these trying times, ” said CIMB Group chief executive officer Tengku Datuk Seri Zafrul Aziz.