KUALA LUMPUR: For the first time, Malaysian Chinese business owners running micro, small and medium enterprises (MSMEs) will have access to a dedicated RM100mil federal financing scheme, opening a new pathway to capital for business expansion, upgrading and long-term growth. The RM100mil allocation has been split between two implementing banks –RM50mil via SME Bank and RM50mil via Bank Rakyat – and will remain available until the end of the year or until the funds are fully utilised, whichever comes first. Applicants must be established MSMEs, in business for at least two years for SME Bank and three years for Bank Rakyat. The companies must be Malaysian Chinese-led, either with majority Chinese ownership or a key Chinese executive. Businesses seeking micro or SME financing through Bank Rakyat must also show a clean credit record, and for larger loans, a track record of profitability and healthy financials.

Source: The Star January 30, 2026 01:56 UTC