RHB Banking Group (RHB) was accorded Top Performer Award, by Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP), a wholly-owned company of the Ministry of Finance
Incorporated (MoF Inc.), for providing the highest amount of financing to small and medium sized enterprises (SMEs) under the government-guaranteed financing scheme.
SJPP is an administrator and manager of credit guarantee schemes under MoF Inc.
The award recognizes the bank’s role as top among 5 financial institutions with the highest market share of 20.1% of SJPP loans amounting to RM1.43 billion. Other incumbents awarded include SME Bank at 15.6%, Maybank at 13.8%, Standard Chartered at 11.4% and United Overseas Bank at 8.9%.
The award was presented by Lim Guan Eng, the Minister of Finance Malaysia, at the Mandarin Oriental Hotel in Kuala Lumpur.
“RHB will continue to spur the growth of SMEs in the Malaysian economy by providing holistic financing solutions and an ecosystem that supports end-to-end operational requirement.
“We are honoured to be preferred banker among our clients who have trusted RHB to provide reliable expertise and services in growing their business portfolio,” said Dato’ Khairussaleh Ramli, Group Managing Director, RHB Banking Group.
