SME BANK ACTIVATES FLOOD RELIEF SUPPORT FOR AFFECTED MSMES NATIONWIDE

KUALA LUMPUR, Dec 3 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Berhad (“SME Bank”), a subsidiary of Bank Pembangunan Malaysia Berhad (“BPMB”) Group, has activated its flood-relief support to assist entrepreneurs and businesses impacted by the recent floods nationwide. This initiative reflects SME Bank’s continued commitment to safeguarding the resilience of MSMEs, particularly during periods of operational disruption caused by natural disasters.

SME Bank Relief President / Chief Executive Officer, Samad Majid Zain, emphasised the importance of timely intervention, noting that the recent floods have disrupted operations for many entrepreneurs across the country. He said, “As a Development Financial Institution, our role extends beyond financing to providing the right support at the right time. This initiative is a proactive measure to ease the hardship faced by affected customers and help them recover swiftly while strengthening their resilience against future climate-related disruptions.”