SME Bank plans to expand its approvals by RM2.5b to help over 1,000 SMEs this year

KUALA LUMPUR, Jan 11 ― SME Bank aims to approve RM2.5 billion in financing for over 1,000 small and medium enterprises (SMEs) this year.

Group president and chief executive officer Datuk Wira Aria Putera Ismail said SME Bank had approved RM2.7 billion in financing last year, with around 90 per cent directed towards SMEs.

“For the current year, RM2.5 billion is designated for SMEs, with the…