CIMB Strengthens Support for Malaysian SMEs
CIMB has introduced a new SME Stabilisation Relief Facility (“SRF”) to help Malaysian micro, small, and medium enterprises (“MSMEs”) manage rising operating costs and supply chain disruptions linked to the ongoing West Asia conflict.
The initiative forms part of Bank Negara Malaysia’s broader RM5 billion relief measures aimed at strengthening business resilience during economic uncertainty.
As global market volatility continues to affect businesses, many SMEs are facing increased costs, delayed supplies, and tighter cash flow. Therefore, the new financing facility aims to provide targeted support for companies most affected by these challenges.
Financing Support for Business Continuity
Under the SRF programme, eligible MSMEs can access additional working capital financing to cover short-term operational needs. These include inventory purchases, operating expenses, and business continuity requirements.
Importantly, priority will go to businesses operating in sectors heavily dependent on oil, diesel, and crude-based products. In addition, companies struggling to source supplies from countries impacted by the conflict may also qualify for assistance.
The facility offers financing of up to RM750,000 with repayment terms of up to five years. Furthermore, the financing rate is capped at 3.75% per annum, including guarantee fees.
Applications will open from 15 May until 31 December 2026, or until full utilisation of the fund.
Helping SMEs Stay Resilient During Economic Uncertainty
According to Ahmad Shazli Kamarulzaman, Co-CEO of Group Commercial Banking at CIMB, SMEs remain a vital pillar of Malaysia’s economy and local communities.
“Many businesses especially MSMEs are operating in a challenging environment amid rising costs and supply chain disruptions, affecting day-to-day operations,” he noted.
As a result, CIMB designed the SRF measures to strengthen financial resilience and provide greater flexibility during uncertain periods.
In addition, CIMB encourages businesses facing repayment difficulties to engage with relationship managers early to explore available relief options. These may include temporary instalment pauses and revised repayment schedules.
Additional Relief Through Flexible Payment Assistance
Beyond the SRF, CIMB will continue supporting affected businesses through its existing Payment Assistance Programme (“PAP”). The programme offers flexible repayment arrangements to ease short-term financial pressure and improve cash flow management.
Consequently, businesses can better navigate ongoing economic disruptions while maintaining operational stability.
Strengthening Malaysia’s SME Ecosystem
As SMEs continue to drive employment and economic activity in Malaysia, financial support initiatives such as the SRF play an important role in sustaining long-term business growth.
Moreover, the collaboration between financial institutions, government agencies, and guarantee providers reflects a broader commitment to protecting Malaysia’s business ecosystem during periods of global uncertainty.
Ultimately, CIMB’s latest relief measures highlight the growing importance of agile financing solutions that help SMEs remain competitive, resilient, and prepared for future challenges.
Businesses seeking assistance or wishing to learn more about the available support measures may download the application forms available on the website and the OCTO app, contact CIMB relationship managers or visit CIMB branches nationwide. For more information, please visit www.cimb.com.my/frap.
