{"id":60640,"date":"2024-01-05T14:44:03","date_gmt":"2024-01-05T06:44:03","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=60640"},"modified":"2024-01-05T14:44:03","modified_gmt":"2024-01-05T06:44:03","slug":"bank-rakyat-msme-micro-financing","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/bank-rakyat-msme-micro-financing","title":{"rendered":"Bank Rakyat Seeks To Offer RM50mil In Micro-Financing To Help Entrepreneurs"},"content":{"rendered":"

It has recently been announced that Bank Rakyat will be making around RM50 million in micro-financing available to entrepreneurs and micro-businesses this year. Deputy Entrepreneur Development and Cooperatives Minister, Datuk R. Ramanan said this is part of the bank\u2019s continued support of the micro, small and medium enterprise (MSME) sector.<\/span><\/p>\n

\u201cThis dedication to providing financial help to more entrepreneurs and small businesses is key to meeting the government\u2019s objective of eradicating extreme poverty,\u201d he said at a press conference<\/a> at Menara Kembar Bank Rakyat.<\/span><\/p>\n

He also mentioned that the bank disbursed the same amount to 1,856 entrepreneurs and micro-businesses last year. It was also stressed that such financing was crucial in helping MSMEs enhance their competitiveness while aligning with the government\u2019s goal of internationalising them.<\/span><\/p>\n

Bank Rakyat\u2019s chief executive officer, Datuk Dr Mohammad Hanis Osman was also present at the press conference. He told the media present that the bank was also fully committed to providing expert guidance and effective business management facilities, especially to under-served communities.<\/span><\/p>\n

\u201cWe will continue to work closely with MSMEs to eventually help them graduate from a micro business into a small business. That is our ultimate goal,\u201d he said.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The bank hopes that this will help bring MSMEs to the next level.<\/p>\n","protected":false},"author":58,"featured_media":60641,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[951,216],"tags":[1877,718,720,719,1208,982,577],"class_list":["post-60640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-loan","category-news-updates","tag-bank-rakyat","tag-business","tag-business-loan","tag-businesses","tag-msme","tag-news","tag-sme"],"acf":[],"yoast_head":"\nUp To RM50mill In Financing Is Being Made Available To MSMEs<\/title>\n<meta name=\"description\" content=\"At a recent press conference, it was announced that Bank Rakyat will be making up to RM50 million in micro-financing available to MSMEs to elevate their business.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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