CIMB Bank Berhad and CIMB Islamic Bank Berhad have jointly launched the Petrol Station Dealer Programme, a comprehensive financial support initiative developed in collaboration with the Petroleum Dealers Association of Malaysia (PDAM).
The new programme aims to help petrol station operators navigate the evolving market following the implementation of fuel subsidy rationalisation, offering tailored financing, cash solutions, and advisory support to strengthen long-term business resilience.
Tailored Solutions for Malaysia’s Fuel Distribution Network
As part of CIMB’s ongoing efforts to support Malaysia’s petrol distribution network, which is largely driven by small and medium enterprises (SMEs), the programme provides dealers with access to a suite of financial tools that enhance cash flow and operational flexibility.
Lawrence Loh, Co-Chief Executive Officer of Group Commercial and Transaction Banking, CIMB Group, said the initiative reflects the bank’s commitment to helping local entrepreneurs remain competitive in a changing energy landscape.
He added that by combining financing, cash management, and sustainable energy advisory, CIMB aims to empower dealers to adapt effectively to market shifts and continue playing a vital role in Malaysia’s oil and gas ecosystem.
Financing Up to RM500,000 for Working Capital Needs
A key feature of the Petrol Station Dealer Programme is the Cashline-i facility, which provides unsecured standby credit at competitive rates. Dealers can access financing of up to RM500,000, depending on their monthly fuel sales.
This facility is designed to help operators manage day-to-day cash flow pressures, particularly during the transition to a floating fuel price mechanism.
To complement this, CIMB is offering preferential rates under its Daily Investment Account (DIA-i), allowing dealers to optimise returns on operational funds and build stronger financial resilience.
Advisory Support and Renewable Energy Initiatives
Beyond financing, CIMB is also extending advisory support to help petrol dealers adopt sustainable business practices.
Through the Low Carbon Transition Facility-i, participating dealers can install solar panels at their stations, improving energy efficiency while reducing long-term operating costs.
This initiative underscores CIMB’s broader commitment to supporting Malaysia’s transition towards renewable energy adoption and low-carbon operations across industries.
Strengthening Industry Collaboration
Dato’ Khairul Annuar Abdul Aziz, President of the Petroleum Dealers Association of Malaysia (PDAM), welcomed the collaboration, describing it as a strategic and timely measure to ensure the sustainability of petrol dealers during the transition period.
He said that access to affordable working capital and better cash management solutions would play a key role in enhancing dealers’ financial stability and business continuity.
The partnership between CIMB and PDAM highlights the growing importance of industry collaboration in supporting Malaysia’s economic and energy transformation.
Commitment to Long-Term Business Sustainability
With the launch of the Petrol Station Dealer Programme, CIMB continues to reinforce its position as a trusted banking partner to Malaysian businesses, delivering practical, inclusive, and future-ready financial solutions.
The programme represents a key step in the Bank’s ongoing efforts to empower SMEs through digitalisation, innovation, and sustainability-focused financing.
