AKPK to help SMEs manage debt issues

The Credit Counselling and Debt Management Agency (Agensi Kaunseling dan Pengurusan Kredit) will start offering specialised solutions to help SMEs and micro-SMEs.

KUALA LUMPUR: The Credit Counselling and Debt Management Agency (Agensi Kaunseling dan Pengurusan Kredit) will start offering specialised solutions to help SMEs (including micro SMEs) to manage their debt and promote sound financial management practices.

In a joint statement on Friday, Bank Negara Malaysia and AKPK said from Sept 1, the latter will provide the services following the transfer of the Small Debt Resolution Scheme (SDRS) function from Bank Negara to AKPK.