Standard Chartered supports SMEs amid tough market conditions


Standard Chartered Malaysia chief executive officer Mak Joon Nien

KUALA LUMPUR: Standard Chartered Malaysia and Standard Chartered Saadiq Malaysia will continue to assist their small and medium enterprise (SME) clients, who face difficulties in servicing their debt repayments from the recent rise in borrowing costs due to the challenging business environment.

The bank said its measures to lessen their burden during this period include rescheduling and restructuring assistance, interest-only payment and special assistance for women entrepreneurs.

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