{"id":16854,"date":"2019-03-28T19:09:45","date_gmt":"2019-03-28T11:09:45","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=16854"},"modified":"2019-03-28T19:09:47","modified_gmt":"2019-03-28T11:09:47","slug":"cimb-allocates-rm15-billion-to-benefit-100000-smes","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=16854","title":{"rendered":"CIMB allocates RM15 billion to benefit 100,000 SMEs"},"content":{"rendered":"\n<p><strong>KUALA LUMPUR, March 28 (Bernama) &#8212;&nbsp;<\/strong>CIMB Bank Berhad (\u201cCIMB\u201d or \u201cthe Bank\u201d) has announced its commitment to disburse at least RM15 billion in the next two years to help finance 100,000 small and medium-sized enterprises (\u201cSMEs\u201d) in Malaysia. The Bank will focus on helping SMEs have easier access to loans below RM500,000, in support of the government\u2019s push for an entrepreneur-friendly enabling environment to boost Malaysia\u2019s economy.<\/p>\n\n\n\n<p>CIMB Bank disbursed a total of RM17.8 billion in 2016-2018 to support the growth of 17,000 Malaysian SMEs by providing working capital, asset financing and trade finance. Its latest offerings include leveraging on business assets as additional working capital; and extending unsecured loans to SMEs who are awaiting their GST refund. The latter is offered at a lower interest rate, with a flexible payment period and interest servicing up to six months, to help small businesses manage their cash flow.<\/p>\n\n\n\n<p><a href=\"http:\/\/mrem.bernama.com\/viewsm.php?idm=34170\">http:\/\/mrem.bernama.com\/viewsm.php?idm=34170<\/a><\/p>\n\n\n\n<p><br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, March 28 (Bernama) &#8212;&nbsp;CIMB Bank Berhad (\u201cCIMB\u201d or \u201cthe Bank\u201d) has announced its commitment to disburse at least RM15 billion in the next two years to help finance 100,000 small and medium-sized enterprises (\u201cSMEs\u201d) in Malaysia. The Bank will focus on helping SMEs have easier access to loans below RM500,000, in support of [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[315],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/16854"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16854"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/16854\/revisions"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16854"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}