SME Bank’s lending to small businesses hits RM3.6bil


SME Bank acting group president/chief executive officer Datuk Dr Mohammad Hardee Ibrahim

KUALA LUMPUR: Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) facilitated about RM3.6bil in approved financing for 2024, a 35.1% increase from a year ago.

In a statement yesterday, the bank said the funding was channelled to micro, small and medium enterprises (MSMEs) categorised as unserved and underserved across key strategic sectors.

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