KUALA LUMPUR: RHB Bank
Bhd has introduced a suite of financing and repayment relief measures to help small and medium enterprises (SMEs) manage the impact of global economic uncertainties and supply chain disruptions.
The bank said its SME Stabilisation Relief Facility (SRF) adopts a dual-track approach to provide businesses with liquidity support and financial restructuring options to sustain operations and strengthen resilience.
Under the relief measure, eligible SMEs can access working capital financing of up to RM750,000 at a competitive rate of 3.75 per cent per annum.
"The facility is supported by guarantees of up to 80 per cent from Credit Guarantee Corporation Malaysia (CGC) or Syarikat Jaminan Pembiayaan Perniagaan (SJPP), particularly benefiting SMEs that may have limited collateral,” it said in a statement.
To speed up access to support, RHB Bank has introduced a fast-track lane for selected customers, enabling faster access to financing under the SME SRF.
To support this national initiative, the bank has streamlined its end-to-end processes to provide existing and new SME customers with faster, more seamless access to SRF financing.
"Applications with RHB will be open from May 15, 2026, onwards,” it said.
Complementing these efforts is RHB’s targeted relief assistance programme, which focuses on early and proactive engagement with customers facing repayment challenges.
Under this programme, tailored loan modifications are available for eligible SMEs, including tenure extensions of up to three years, or up to five years for selected customers.
For businesses facing more significant cash flow constraints, the rescheduling and restructuring track offers a six-month principal moratorium on term loans and the conversion of overdrafts and trade financing into five-year term loans to improve liquidity.
RHB Banking Group managing director/group chief executive officer Datuk Mohd Rashid Mohamad said the group has re-engineered its credit evaluation process to prioritise speed and flexibility, ensuring geopolitical challenges do not stall business growth.
"Our focus is on ensuring timely support while continuing to partner SMEs as they stabilise, adapt and grow,” he added. - Bernama
