CIMB commits RM30bil SME financing


KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd have continued its commitment to support and spur the recovery of the small and medium enterprise (SME) businesses through RM30bil in financing by 2024.

The bank, in a statement, said it would collaborate with Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP) and Credit Guarantee Corporation Malaysia Bhd (CGC).

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
CIMB , SME , financing , SJPP , CGC

Next In Business News

Shifting to a lower gear
Bracing for a higher rate era
AI trade turns selective
AI investment play requires careful portfolio selection
Hormuz gloom for European stocks
Asia-Pacific debt markets gain traction
Prioritising compute power over health
Sobering times for alcohol industry
Mountains teeming with tea
Climate tech latest investment play

Others Also Read