SRF fund expanded to meet demand from SMEs


Governor Datuk Nor Shamsiah Mohd Yunus said PFIs have approved more than 20,000 applications amounting to about RM10bil with an approval rate of nearly 90%.

PETALING JAYA: Given the overwhelming demand for the Special Relief Facility (SRF), Bank Negara has upsized the fund by another RM5bil to RM10bil.

However, the new allocation has been fully utilised to cater for all the applications approved by participating financial institutions (PFIs) as at May 4.

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Bank Negara , Shamsiah , SRF fund , SMEs ,

   

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