Unlocking the potential of SME banking

This article first appeared in Forum, The Edge Malaysia Weekly on August 21, 2023 – August 27, 2023

From street markets to kiosks to mom-and-pop shops and factories, Malaysia is rich in small and medium enterprises — and they matter. SMEs account for 48% of total employment and 37% of gross domestic product, but only a quarter of total banking pools, according to McKinsey research.

Also,…