Lim (centre) flanked by Maybank head of community financial services (CFS) Datuk Hamirullah Boorhan (left) and Maybank head of SME banking Mohd Zaini Aris.
MAYBANK is aiming to grow its SME loan portfolio by 27% across the Asean region, including Malaysia, to RM28bil by the end of this year from RM22.1bil as at end-2015 on the back of strong regional outlook for small businesses.
“Asean economies are powered by the SME segment which generates about 50% of employment, and some 40% of GDP on average. The SME industry itself is growing between 8% and 28% in these markets, and presents an untapped potential for growth,” said Maybank group head, community financial services (CFS) Datuk Lim Hong Tat at a recent media briefing.
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