DFIs provide micro-SMEs with financing totalling RM8.1bil

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said DFIs will continue to play a role in supporting the survival of micro-SME entrepreneurs by facilitating loans through various soft loan packages.

KUALA LUMPUR: Development financial institutions (DFIs) have implemented various financing schemes -- especially for the micro small and medium enterprises (micro-SMEs) -- through Bank Negara Malaysia’s funds, to the tune of RM8.1 billion.

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said DFIs such as Bank Simpanan Nasional (BSN), Bank Rakyat, Agro Bank and SME Bank will continue to play a role in supporting the survival of micro-SME entrepreneurs by facilitating loans through various soft loan packages.