“I hope we can sustain this double-digit growth, as SMEs are an essential business sector for Malaysia, whether it is in food and beverages, manufacturing, services, or other areas,” he told reporters at the AmBank SME BizCONFERENCE here today.
Sulaiman said financing for SMEs carries a one to two per cent higher interest rate than the overall industry due to the diversity of businesses, which are not only focused on local markets but also involve exports and more.
https://www.nst.com.my/business/2023/09/954414/expect-slower-sme-loans-2023-still-growth-engine-ambank