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Financing for Small and Medium Enterprises

Posted by: Admin Mysejiran    Published at: 22/09/2022

SMEs are a critical component of the Malaysian economy, contributing more than a third of gross domestic product (GDP) and providing job opportunities to more than four million workers in Malaysia.

Banking institutions is the main source of financing for SMEs, providing more than 90% of total financing. Provision of SME financing is also complemented by the Development Financial Institutions, Bank Negara Malaysia’s Funds for SMEs and Government Funds.

Over the years, there have been various initiatives implemented to enhance SME Financing in Malaysia. Here is a quick view on how you can tap into the ecosystem

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