Boost Bank hits RM150mil SME financing milestone


Boost Bank CEO Fozia Amanulla

KUALA LUMPUR: Boost Bank has announced it has disbursed nearly RM150mil in small and medium enterprise (SME) financing to hundreds of SMEs across the country.

In a statement, the digital bank said the disbursements - in typical tranches of RM300,000 - were driven by its core financing solutions of terms loan and revolving credit facilitieis.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Boost Bank , SME , financing , digital

Next In Business News

Kimlun issues RM10.81mil Islamic commercial papers
Cabnet secures RM14.8mil electrical contracts Johor Baru
FBM KLCI climbs amid firmer regional markets, stronger ringgit
Gold steadies as Fed independence concerns offset easing geopolitical woes
Oil slips as investors assess supply outlook, US stock build
AirAsia X targets up to US$600mil debt restructuring after combining airlines
Telenor sells its stake in Thailand's True Corporation for US$3.9bil
Societe Generale to cut 1,800 jobs in France
Bank Negara’s international reserves climb slightly to US$125.6bil
Bank Negara leaves OPR steady at 2.75%, as widely expected

Others Also Read