ANNOUNCEMENT

Financing Facility to assist Malaysian SMEs affected by COVID‑19

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PENJANA Financing

RHB is a participating bank for PENJANA SME Financing (PSF) and
PENJANA Tourism Financing (PTF) with a total allocation of up to RM50 million
for each scheme. Our main objective is to sustain business operations and assist
SMEs who are adversely impacted by COVID‑19.
PENJANA SME Financing (PSF) PENJANA Tourism Financing (PTF)
Objective To help alleviate the short-term cash flow problems faced by SMEs* due to COVID‑19 and MCO
Eligibility Criteria
  • Malaysia SMEs with at least 51% shares held by Malaysians
  • SME which qualify as per SME definition and entitlement by National SME Development Council (NSDC) which outlines the eligibility of who can qualify for financial assistance
  • Special Relief Facility (SRF) 2020 and PENJANA Tourism Financing (PTF) recipients are not eligible for the PENJANA SME Financing (PSF)
  • Malaysia SMEs with at least 51% shares held by Malaysians
  • SME which qualify as per SME definition and entitlement by National SME Development Council (NSDC) which outlines the eligibility of who can qualify for financial assistance
  • Licensed by/registered with Ministry of Tourism, Arts and Culture (MOTAC)
  • Special Relief Facility (SRF) 2020 and PENJANA SME Financing (PSF) recipients are not eligible for the PENJANA Tourism Financing (PTF)
Type of Financing Term Financing Only
Max. Financing Amount RM 500,000 RM 300,000
Financing Rate 3.5% p.a. (fixed rate) 3.5% p.a. (fixed rate) inclusive of 1% guarantee fee (Absorbed by RHB)
Financing Tenure Maximum 5.5 years (inclusive of 6 months moratorium on principal and interest/profit; interest/profit is accrued, non-compounded) Maximum 7 years (inclusive of 6 months moratorium on principal and interest/profit; interest/profit is accrued, non-compounded)
Fees No Legal Fees No Legal Fees
Available of Fund Up to 31 December 2020 or exhaustion of fund, whichever is earlier
PENJANA SME Financing (PSF) PENJANA Tourism Financing (PTF)
Objective
To help alleviate the short-term cash flow problems faced by SMEs* due to COVID‑19 and MCO
Eligibility Criteria
  • Malaysia SMEs with at least 51% shares held by Malaysians
  • SME which qualify as per SME definition and entitlement by National SME Development Council (NSDC) which outlines the eligibility of who can qualify for financial assistance
  • Special Relief Facility (SRF) 2020 and PENJANA Tourism Financing (PTF) recipients are not eligible for the PENJANA SME Financing (PSF)
  • Malaysia SMEs with at least 51% shares held by Malaysians
  • SME which qualify as per SME definition and entitlement by National SME Development Council (NSDC) which outlines the eligibility of who can qualify for financial assistance
  • Licensed by/registered with Ministry of Tourism, Arts and Culture (MOTAC)
  • Special Relief Facility (SRF) 2020 and PENJANA SME Financing (PSF) recipients are not eligible for the PENJANA Tourism Financing (PTF)
Type of Financing
Term Financing ONLY
Max. Financing Amount
RM 500,000 RM 300,000
Financing Rate
3.5% p.a. (fixed rate) 3.5% p.a. (fixed rate) inclusive of 1% guarantee fee (Absorbed by RHB)
Financing Tenure
Maximum 5.5 years (inclusive of 6 months moratorium on principal and interest/profit; interest/profit is accrued, non-compounded) Maximum 7 years (inclusive of 6 months moratorium on principal and interest/profit; interest/profit is accrued, non-compounded)
Fees
No Legal Fees No Legal Fees
Available of Fund
Up to 31 December 2020 or exhaustion of fund, whichever is earlier
*SME which qualify as per SME definition and have been entitled by the National SME Development Council (NSDC) which outlines the criteria for businesses to qualify for financial assistance.

Note: For further details on the benefits, exclusion and terms and conditions of the product, please refer to the Product Disclosure Sheet (PDS) and Letter of Offer (LO).
Drop us your details below
and we’ll be in touch!

Applications for the PSF and PTF will be accepted
starting August 2020 onwards.

Submit Details Here

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RHB BizPower/-i Relief Financing

Designed to help you to restore your business and get it back on track.
Objective
Alleviate short-term cash flow problems faced by SMEs adversely affected by the COVID-19 outbreak
Eligibility
Malaysian SMEs1,2 adversely affected by COVID-19 with at least 51% shares held under Malaysians
Purpose of Financing
Working capital
Financing rate
From 4.75% p.a to 6.45% p.a.
Financing amount
Up to RM1.0 million per SME
Guarantee Fee
There is no guarantee fee as it is absorbed by RHB.
Guarantee Cover
Up to 80% of the financing amount by Syarikat Jaminan Pembiayaan Perniagaan (SJPP), no other collaterals required.
Financing Tenure
Maximum 7 years (inclusive 6 months moratorium on principal only)
1SME definition by SME Corp, with at least 51% shares held by Malaysians.
2SME which qualify as per SME definition and have been entitled by the National SME Development Council (NSDC) which outlines the criteria for businesses to qualify for financial assistance.
Please leave your
details below to allow
us to contact you
Submit Details Here

3

As your trusted ally, we’re committed
to keep your business running

With the new normal in full swing, we as your bank are working round the clock to ensure
your business continues to thrive as usual, only even better.

We are initiating special collaborations with our partners to help SMEs meet the challenges
of the new normal and to preserve everything that you’ve worked hard for.

Our collaborating partners:

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We’re here with you every step of the way.
If you need any other form of financial assistance for your business, reach out to us by filling up the form below.
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