SME Bank

Malaysian government-owned Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank) announced Thursday a suite of strategic initiatives valued at MYR 211 million ($49.88 million), reinforcing its commitment to advancing the government’s MADANI economic framework and in alignment with the bank’s mandate under the National Budget 2025.

Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank) and Bank Simpanan Nasional (BSN) have entered a strategic partnership through a Memorandum of Understanding (MoU) to empower Malaysia’s homegrown entrepreneurs.

Funding Societies Malaysia, Southeast Asia’s largest unified small and medium-sized enterprise (SME) digital finance platform, has formalized a strategic partnership with the Center for Entrepreneur Development and Research (CEDAR), the training and capacity-building arm of SME Bank Malaysia Berhad.