SME Bank appoints Muslim Hussain as chairman

KUALA LUMPUR: Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) has appointed Datuk Muslim Hussain as its non-executive chairman effective Oct 1. In a statement today, the development financial institution said he has been with SME Bank since Sept 1, 2018, when he was appointed as an independent non-executive director. Muslim’s banking career spans […]

The National Recovery Plan a step in the right direction

KUALA LUMPUR: The National Recovery Plan (NRP) is a step in the right direction in providing a clear framework of targets and approaches on relaxing the lockdowns and the reopening up of more economic sectors, said government-linked companies (GLCs). In a statement today, MyHSR Corporation Sdn Bhd (MyHSR Corp) lauded the NRP which was announced […]

SME Bank launches RM300 mln financing scheme to help micro, small enterprises

KUALA LUMPUR: SME Bank has allocated RM300 million through its Lestari Bumi Financing Scheme to help develop micro and small entrepreneurs to enable them to increase production capacity, expand market access, and be more competitive to ensure business sustainability. Group president and chief executive officer Aria Putera Ismail said the scheme was part of several […]

SME Bank’s targeted financing relief extended till September

KUALA LUMPUR: SME Bank will introduce the SME Relief Programme (SRP) 2.0 whereby the targeted financing relief facility will be extended for another six months starting from April to September 2021 amid the prevailing challenging situation, according to the Ministry of Entrepreneur Development and Cooperatives. Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said the […]

SME Bank programme proves to be a success

KUCHING: SME Bank’s Upward Migration intervention programme aimed at elevating its customers’ businesses has proven to be successful with 10 companies from Johor recording outstanding performances. These 10 companies received recognition from Entrepreneur Development and Cooperatives (Medac) Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar during his working visit to Johor today. “Their successes were […]

SME Bank donates to frontliners

KUCHNG: Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank), through its corporate social responsibility (CSR) programme, has again assist the frontliners by channelling contributions worth RM50,000 to the National Security Council (MKN). Entrepreneur Development and Cooperatives Deputy Minister Datuk Wira Mas Ermieyati Samsudin presented the contribution to the MKN (Strategic Security) deputy director general […]