AmBank launches relief facility for SMEs amid global disruptions


KUALA LUMPUR: AmBank Group will participate in the SME Stabilisation Relief Facility (SME SRF) through AmBank (M) Bhd and AmBank Islamic Bhd to support SMEs affected by global trade and supply chain disruptions linked to the West Asia conflict.

In the statement, the bank said the facility provides working capital financing to help SMEs maintain operations during the current economic uncertainty.

AmBank said it has introduced a fast-track process for existing and new business customers, with an approval-to-disbursement turnaround time of as fast as three weeks for eligible applications, subject to documentation and financing requirements.

Under the facility, eligible SMEs can obtain financing of up to RM750,000 for a tenure of up to five years at a financing or profit rate capped at 3.75% per annum, inclusive of guarantee fees.

The facility also includes guarantee coverage of up to 80% by Credit Guarantee Corporation Malaysia and Syarikat Jaminan Pembiayaan Perniagaan.

Applications will be open from May 15, 2026 to Dec 31, 2026, or until the RM5bil allocation is fully utilised.

AmBank managing director of business banking, Christopher Yap, said the facility is intended to help SMEs sustain operations and manage cash flow during the current period.

“SMEs are the backbone of Malaysia’s economy, and through our participation in the SME SRF, we aim to provide timely and accessible financing support to help SMEs sustain operations, preserve cash flow and strengthen business resilience during this period.

“By combining affordable funding, guarantee support and accelerated turnaround times, we aim to act as a trusted financial partner in helping SMEs navigate complexity, preserve competitiveness and position themselves for recovery and growth,” he said.

SMEs may apply through their relationship managers, via e-mail at businessbanking@ambankgroup.com or through AmBank’s SME SRF page.

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