RM3 billion financing fund available, Guan Eng tells SMEs

PUTRAJAYA: Against the backdrop of challenging business environment, Finance Minister Lim Guan Eng assured that Bank Negara Malaysia (BNM) has sufficient financing fund of RM3 billion available for small and medium-sized enterprises (SMEs) as well as micro enterprises.

“There is RM3 billion of funds ready to be disbursed to SMEs, so there is no reason why SMEs can't get financing,” he told a press conference here today.

Meanwhile, Bank Negara Malaysia (BNM) Assistant Governor Abu Hassan Alshari Yahaya said the central bank is closely monitoring the business loan segment, which has been growing in tandem with the country's economic expansion.

He added that the business loan segment is at a healthy level with low non-performing loan ratio.

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