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Small Medium Enterprise Development Bank Malaysia Berhad (“SME Bank”) reaffirms its commitment to supporting entrepreneurs and businesses affected by the recent floods across Malaysia. As the floods disrupt livelihoods and operations, SME Bank is ready to provide immediate assistance to its customers through tailored financing solutions and relief measures. SME Bank Acting Group President / […]
Continue ReadingSME Bank Malaysia Berhad (“SME Bank”) reaffirms its commitment in playing a pivotal role to advance the Government’s Halal Industry Master Plan 2030 (“HIMP 2030”) through its five-year Halal Roadmap, anchored by the Bank’s robust Islamic financing propositions, as well as its ongoing capacity-building and capability development initiatives to stimulate the vibrancy of the Halal […]
Continue ReadingSME Bank Malaysia Berhad (“SME Bank”) and the National Union of Commercial Workers (“NUCW”) recently signed a renewal of the Collective Agreement (“CA”) for the period of July 2022 to June 2025. Datuk Dr. Mohammad Hardee Ibrahim, Acting Group President/Chief Executive Officer of SME Bank said, “Our people have been the backbone of our success […]
Continue ReadingSME Bank and Lembaga Tabung Haji (Tabung Haji) have signed a Memorandum of Understanding (MoU) to provide enhanced support to MSMEs through tailored financial solutions and comprehensive capacity-building programs. SME Bank’s Relief Group President/Chief Executive Officer, Datuk Dr. Mohammad Hardee Ibrahim said, “This partnership aims to create a significant impact in the Malaysian MSME sector […]
Continue ReadingSME Bank has released the results of its SME Sentiment Index for the first half of 2024, revealing an increase in confidence among Micro, Small, and Medium-sized Enterprises (MSMEs) compared to the previous survey in the second half of last year. This index acts as a leading economic indicator, assessing MSMEs’ perspectives on the business […]
Continue ReadingSME Bank recently hosted its outreach programme, the Jom XCESS in Sabah, reinforcing its dedication to supporting local entrepreneurs and driving regional economic growth. The event provided Sabahan entrepreneurs with invaluable resources through sharing sessions, consultations, and direct interactions with SME Bank representatives. Datuk Ewon Benedick, Minister of Entrepreneur Development and Cooperatives (MECD), praised SME […]
Continue ReadingSME Bank Malaysia continues to be a catalyst for Micro, Small, and Medium Enterprises (MSMEs) growth, in tandem with the government’s vision of realising the MADANI Economy agenda and propelling Malaysia into the top 30 largest economies within the next decade. The Minister of Finance II, in a recent engagement session with government entities, emphasised […]
Continue ReadingSME Bank, a leading Development Financial Institution (DFI), has announced that it will cease imposing In-House Documentation (IHD) fees and charges to Micro, Small and Medium Enterprises (MSME) customers effective 15 March 2023. The decision reflects SME Bank’s commitment to putting its customers first and its focus on providing transparent and fair practices to improve […]
Continue ReadingSME Bank is set to empower social enterprises and sustainable business for MSMEs following the announcement of Budget 2023: Building Malaysia MADANI, which consists of three new programmes amounting to RM31 million. The Government also re-announced RM1.34 billion for existing financing facilities and an additional RM9 million for other current entrepreneur programmes under SME Bank. […]
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