sME Bank

SME Bank has allocated a RM100 million fund to provide funding with a payback period of up to 15 years for small and medium enterprises (SMEs) to export their products under the SME Go programme.

The programme, held in collaboration with Malaysia External Trade Development Corporation, is an SME Bank initiative to support the government’s pre-emptive [...]

Prime Minister Datuk Seri Najib Tun Razak said today subsidies at a 2.0 per cent interest rate will be given under the SME Investment Partner (SIP) programme of the SME Masterplan.

Najib, who is also Finance Minister, said the subsidies are necessary because of the high costs involved and to enhance early stage financing for SMEs.

“Because [...]

Small and Medium Enterprise Development Bank Malaysia Bhd (SME Bank) has welcomed Budget 2014, saying it is SME-friendly and inclusive, with most of the initiatives aimed at further strengthening the whole SME eco-system regardless of company size or structure.

Managing Director Datuk Mohd Razif Mohd Yunus said the budget will facilitate the requirements for funding, developmental [...]