Bank Negara launches Business Recapitalisation Facility for SMEs

On 21 January 2022, Bank Negara Malaysia, the Central Bank of Malaysia (‘BNM’) introduced two new facilities under BNM’s Fund for Small Medium Enterprises (‘SMEs’), namely the Business Recapitalisation Facility (‘BRF’) and the Low Carbon Transition Facility (‘LCTF’) with a facility amount of RM1.0 billion each.

This alert highlights the main features of the…