Johor bahru: CIMB Bank Berhad and CIMB Islamic Bank Berhad have reaffirmed their commitment to fostering cross-border growth and SME expansion within the Johor-Singapore Special Economic Zone. The banks have deployed over RM4.2 billion of their RM10 billion dedicated funding, with nearly one-third, or RM1.15 billion, allocated to financing support for SMEs in the zone.
According to BERNAMA News Agency, this development was highlighted during the Forward Future SME 2026 session, which was organized in collaboration with the Malaysian Investment Development Authority and the Iskandar Regional Development Authority. The event, the first of its kind in Johor, focused on SMEs and attracted close to 220 participants, including SMEs, investors, policymakers, and ecosystem partners from the JS-SEZ and Singapore.