KUALA LUMPUR, April 8 (Bernama) -- RHB Bank Bhd (RHB) is intensifying its support for small and medium enterprises (SMEs) through a comprehensive suite of financial assistance and sustainable financing solutions.
The bank said the move comes in response to the ongoing global energy crisis, which has led to higher operating costs, supply chain disruptions and tighter cash flows for businesses.
“Recognising the critical role SMEs play in driving economic resilience, RHB is proactively engaging affected customers to offer timely and targeted assistance.
“This includes fast-track processing under its Business Continuity Support measures, with tailored financing restructuring and rescheduling options to help ease cash flow pressure,” it said in a statement today.
Group managing director and group chief executive officer Datuk Mohd Rashid Mohamad said many SMEs are grappling with rising business costs, particularly in energy, logistics and raw materials.
“Our role is to support them with practical, timely financial solutions that help them manage these pressures, strengthen resilience and enable them to continue operating competitively,” he said.
RHB is also working closely with government agencies to roll out targeted relief and strategic financing solutions as part of a coordinated national effort to cushion SMEs in this challenging period.
In conjunction with these immediate measures, the bank also offers a range of working capital solutions to help SMEs manage higher operating expenses.
"For long-term improvement cost optimisation, the bank provides Green Financing solutions through active participation in Bank Negara Malaysia (BNM) schemes. These solutions help SMEs adopt renewable energy and transition toward energy-efficient operations.
"With competitive interest rates, this financing serves as a strategic cost-control tool, reducing reliance on volatile fuel markets and enhancing overall sustainability," it said.
RHB added that it remains a dedicated and trusted financial partner to the SME community as the global landscape continues to evolve.
SMEs may contact their relationship managers, visit any RHB branch, call to the bank’s customer contact centre, or visit RHB’s official website for further information on available support measures.
-- BERNAMA
