Banks say supportive of small and medium enterprises

In a press release issued yesterday, ABM said that its member banks are aware of the importance of business continuity for SMEs and are ready to provide access to lending for eligible SME borrowers.

KUALA LUMPUR: The Association of Banks in Malaysia (ABM) member banks are remaining supportive in providing access to financing to small and medium enterprises (SMEs) that have been adversely affected by the outbreak of Covid-19.

ABM has 26 members comprising of commercial banks that currently operate in Malaysia. In a press release issued yesterday, ABM said that its member banks are aware of the importance of business continuity for SMEs and are ready to provide access to lending for eligible SME borrowers.