CIMB commits RM30b to financing for SME by 2024

KUALA LUMPUR: CIMB Group Holdings Bhd is committed to extending RM30 billion in financing to small and medium enterprises (SME) by 2024 through collaborations with credit guarantee agencies Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) and Credit Guarantee Corp Malaysia Bhd (CGC).

This will spur the acceleration of SME growth as businesses continue to take advantage of the opportunities…