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).