Kuala lumpur: 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.
According to BERNAMA News Agency, RHB is proactively engaging affected customers to offer timely and targeted assistance, recognizing the critical role SMEs play in driving economic resilience. This includes fast-track processing under its Business Continuity Support measures, with tailored financing restructuring and rescheduling options to help ease cash flow pressure.
Group managing director and group chief executive officer Datuk Mohd Rashid Mohamad highlighted that many SMEs are grappling with rising business costs, particularly in energy, logistics, and raw materials. He emphasized the bank's role in providing practical, timely financial solutions to help SMEs manage these pressures and strengthen their resilience, enabling them to continue operating competitively.
RHB is collaborating with government agencies to roll out targeted relief and strategic financing solutions as part of a coordinated national effort to support SMEs during this challenging period. In addition to immediate measures, the bank offers a range of working capital solutions to help SMEs manage higher operating expenses.
For long-term cost optimization, RHB provides Green Financing solutions through active participation in Bank Negara Malaysia (BNM) schemes. These solutions aid SMEs in adopting renewable energy and transitioning 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.
RHB reiterated its commitment to remaining 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 the bank's customer contact center, or visit RHB's official website for further information on available support measures.