Bank Negara Malaysia has announced the SME Stabilisation Relief Facility (SME SRF), a RM5 billion financing facility to support small and medium enterprises, including microenterprises, facing operational disruptions and cash flow pressures linked to the ongoing West Asia conflict. The facility provides working capital financing of up to RM750,000 per eligible SME for up to five years at a maximum rate of 3.75% per annum, inclusive of guarantee fees. Financing is supported by guarantees of up to 80% from Credit Guarantee Corporation Malaysia or Syarikat Jaminan Pembiayaan Perniagaan, with a focus on SMEs that lack sufficient collateral. Applications are to be made through participating financial institutions regulated by BNM, including commercial banks, Islamic banks and development financial institutions. Applications will be open from 15 May 2026 to 31 December 2026, or until the facility is fully utilised. BNM also urged affected businesses to engage early with their banks on solutions such as repayment flexibility or restructuring, and pointed SMEs to Agensi Kaunseling dan Pengurusan Kredit programmes including the Debt Management Programme and the Small Debt Resolution Scheme.
Bank Negara Malaysia 2026-04-28
Bank Negara Malaysia launches RM5 billion SME Stabilisation Relief Facility for businesses affected by the West Asia conflict
Bank Negara Malaysia has launched the SME Stabilisation Relief Facility, a MYR 5 billion scheme to support SMEs, including microenterprises, facing operational disruptions and cash flow pressures linked to the West Asia conflict. It offers working capital financing of up to MYR 750,000 per SME for up to five years at a maximum rate of 3.75% per annum, backed by guarantees of up to 80% from Credit Guarantee Corporation Malaysia or Syarikat Jaminan Pembiayaan Perniagaan, with applications via participating financial institutions. Bank Negara Malaysia also urged affected SMEs to engage early with banks on repayment flexibility or restructuring.