KUALA LUMPUR: AMMB Holdings Bhd (AmBank) will continue to invest in small and medium enterprises (SMEs) to empower the sector’s journey towards growth and success, said group chief executive officer Datuk Sulaiman Mohd Tahir.
"With SMEs as the backbone of the economy, we will continue to expand and invest heavily in this segment by reimagining how micro, small and medium enterprises could be better served in the markets.
"We stand by our community, implementing comprehensive initiatives and financing options tailored to fuel their growth and bolster their competitive edge,” he said in a statement following the launch of AmBank SME Amplify today.
Meanwhile, he said that via the AmBank SME Amplify, business owners will have access to working capital loans with no lock-in period and collateral-free financing of up to RM2 million to pursue their growth ambitions without the traditional constraints.
It also offers SMEs an interest-bearing business current account that delivers attractive high returns on deposited funds, which can be conveniently managed via AmAccess Biz.
Customers who need more information on the suite of financing and digital solutions can access its website at ambank.com.my/SMEAmplify. - Bernama