SME Bank offers scheme to accelerate SME growth

The SME Bank Malaysia (SME Bank) offers the ‘SME Development Scheme’ (SDS) to facilitate access to financing for local SMEs to further develop their business and accelerate their growth. SDS is targeted to assist SMEs in growth stage, focusing on those sectors under National Key Economic Area, other government promoted sectors and asset acquisition preferably landed property (land/ building). Eligible borrowers are Malaysian-owned business (51% ownership), ‘Sdn Bhd’, partnership and sole proprietorship which are involved in government-promoted industries and sectors identified by the Bank from time to time. For more details, please follow this link: https://www.smebank.com.my/sme-financing/programmes/skim-pembangunan-pks-sds/