SME Bank launches RM50mil financing scheme to support small enterprises

From left: SME Bank acting group president/chief executive officer Datuk Dr. Mohammad Hardee Ibrahim, Entrepreneur Development & Cooperatives deputy minister Datuk Seri Ramanan Ramakrishnan and SME Bank chairman Datuk Muslim Hussain.

KUALA LUMPUR: Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) has launched the Vanigham Financing Scheme (VFS), a RM50mil financing facility aimed at supporting and empowering small enterprises across Malaysia.

In a statement, SME Bank said the VFS supports its goal of improving financial access and giving all entrepreneurs equal opportunities to grow their businesses.