Programme offers 50 percent interest/profit rebate for SME financing
KUALA LUMPUR, Feb 8 (Bernama) — CIMB Bank Berhad and CIMB Islamic Bank Berhad (collectively “CIMB” or “the Group”) have formally launched a collaboration with the Northern Corridor Implementation Authority (“NCIA”) where interest/profit rebates are provided to support the revitalisation of SMEs during the ongoing pandemic. At a ceremony that took place on 7 February in Kedah Rubber City, Padang Terap, Kedah, Dato’ Abdul Rahman Ahmad, Group Chief Executive Officer, CIMB Group and Datuk Seri Jebasingam Issace John, Chief Executive, NCIA exchanged MoA documents, formalising the collaboration.