ANNOUNCEMENT
SMEs¹ and micro enterprises affected by floods located in districts identified by Agensi Pengurusan Bencana Negara as flood disaster areas.
Note: Financing should not be used for refinancing of existing credit/financing facilities
Applicable for Term Loan / Commodity Murabahah Term Financing-i ONLY.
Note: A collective financing limit is applicable for SMEs with common shareholder(s) of equal to or more than 20% shareholding
¹refer to overarching strategic developmental objectives to increase economic complexity, create high-value jobs, extend domestic industry linkages as well as develop new and existing clusters
² Late-stage tech-start-ups and SMEs under Government programmes that are developing critical technologies and commercially ready to graduate to bank-based financing.
Note: All applications are subjected to the Bank’s final decision.
Eligibility Criteria |
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Purpose of financing |
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Tenure |
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Up to 7 years, including 6 months moratorium on repayments | |
Financing size per SME |
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Financing rate |
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3.5% p.a. inclusive of 0.5% guarantee fee (absorbed by RHB) | |
Guarantee Cover |
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80% of financing amount by Credit Guarantee Corporation Malaysia Berhad (CGC) or Syarikat Jaminan Pembiayaan Perniagaan (SJPP), no other collaterals required | |
Type of facility |
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Term Loan / Commodity Murabahah Term Financing-i | |
Availability |
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Until 30 June 2022 or full utilisation (whichever is earlier) |
PENJANA Tourism Financing (PTF) |
Objective |
To help alleviate the short-term cash flow problems faced by SMEs1 due to COVID‑19 and MCO |
Eligibility Criteria |
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Type of Financing |
Commodity Murabahah Term Financing-i |
Financing Size |
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Financing Rate |
3.5% p.a. inclusive of 1% guarantee fee (absorbed by RHB) |
Financing Tenure |
Maximum 7 years (inclusive of 6 months moratorium on principal and interest/profit; interest/profit is accrued, non-compounded) |
Fees |
No Legal Fees |
Available of Fund |
Until full utilisation of Facility |