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

Matrade: Malaysia’s trade breaks RM3 trillion mark despite challenging global conditions
Swift Energy Tech subsidiary bags contracts worth RM18mil
Reneuco redesignates Mustakim Mat Nun to group MD
ISF Group IPO oversubscribed by over 31 times
Dayang subsidiary to purchase marine vessel for RM117.7mil
Ringgit eases slightly against greenback on caution amid renewed US-EU tariff tension
Maybank launches ROAR30 strategy plan, targets 13-14% ROE by 2030
Mitrajaya accepts RM42.81mil fourth variation order for data centre project
PJBumi acquires drilling rigs for RM162mil
Manforce secures Bursa approval for ACE Market IPO

Others Also Read