Brief Profile of the Bank

SME Bank or Bank Perusahaan Kecil & Sederhana Malaysia Berhad commenced operations on October 3, 2005. Arising from the rationalization process between Bank Pembangunan dan Infrastrutur Malaysia Bhd. and, Bank Industri dan Teknologi Malaysia Bhd. changed its name to SME Bank and became a wholly-owned subsidiary of Bank Pembangunan Malaysia Berhad. Bank Pembangunan Malaysia Berhad is wholly-owned by the Government.

The Bank was established to function as a development financial institution to nurture and meet the unique needs of small and medium enterprises (SMEs) through the provision of financial and non-financial services to SMEs. While SME Bank's role is to complement the products and services provided by other development and commercial banking institutions, the Bank was also established to strengthen the national implementation infrastructure through enhanced SME capacity.

Products and Services

SME Bank offers direct lending activities, provision of guarantee to financial institutions and investment activities including venture capital for SMEs who are expanding their business. SME Bank also provide ancillary services related to business advisory and entrepreneurial development.

Subsidiaries and Affiliates

SME Growth Acceleration Fund Sdn. Bhd.