RHB rolls out working-capital facility to support SMEs


Ng said the group has taken a more integrated approach in providing assistance and support to its customers.

THE RHB Banking Group aims to empower small and medium enterprises (SMEs) with working-capital financing totalling RM450mil by the end of the year through its RHB Supplier and Vendor Financing programme.

The programme, in collaboration with Syarikat Jaminan Pembiayaan Perniagaan (SJPP), is offered to Malaysian SMEs that are contracted to provide goods and services to the federal and state governments and selected government-linked companies (GLCs).

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Wasco to gain from transition to renewables
CPO prices to stay range-bound in February
Stiff competition to reshape auto landscape
Steel Hawk unit secures Sabah contract
Oxford Innotech wins RM4.8mil data centre job
MAG makes new executive leadership appointments
KIP-REIT expects higher traffic at its malls
Glovemakers shift focus as China floods markets
Strata overhang to ease if prudence continues
Carimin acquires 19.5% stake in Sealink International for RM40mil

Others Also Read