Catalysing SME Customers
CIMB is committed to supporting the aspirations of the critical mass of SMEs in ASEAN. Our efforts are focused on improving their access to finance, building capacity on sustainability, upskilling them in different areas of management and entrepreneurship and providing them opportunities for expansion and growth.
We are always planning to introduce various SME empowerment initiatives such as the most recent 'The SMEs Sustainable Exporters Programme', which was launched in partnership with the Malaysian External Trade Development Corporation (MATRADE). The programme focuses on equipping export-ready SMEs with sustainability knowledge and skills to enhance their competitiveness as well as their ability to access finance and new growth markets.
CIMB Niaga provides MSME (Micro, Small and Medium-sized Enterprises) service loans and believes that MSME credit financing has a positive impact on job creation, poverty reduction and equitable development. Under the Micro Linkage scheme, CIMB Niaga distributes micro loans through various types of financial institutions with a segment of focus on microfinancing for women entrepreneurs.
We believe that SME credit financing has a positive impact on job creation, poverty reduction and equitable development. We provide 3 main types of SME financing: Working Capital Financing, Property Financing and Renewable Energy Financing to support the SMEs growth.
Find out more about SME Financing.
Digital Solution for SMEs
CIMB has introduced a paperless solution that is aimed at making CIMB’s banking offerings more accessible, providing safety and convenience by leveraging digital capabilities to enhance customer experience.
SMEs will now be able to submit financing applications online at CIMB’s Biz Financing Portal. The portal will enable SME customers to upload documents and submit loan applications entirely online, providing convenience by eliminating the need to visit a branch.
Find out more about CIMB's Biz Financing Portal.
CIMB SHINE is a programme that focuses on upskilling SMEs on the potential of digital platforms for attracting new-age digitally-savvy consumers and for accelerating their business success. CIMB SHINE is a platform for start-ups, entrepreneurs and SMEs to equip them with the right knowledge in finance, 4IR and e-commerce.