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Minister urges SMEs to tap RM5b relief fund as 20 banks join financing scheme

BALIK PULAU, – Small and medium enterprise (SME) entrepreneurs in the country have been urged to seize the opportunity to apply for financing under the SME Stabilisation Relief Facility (SME SRF) provided by the government to help their businesses navigate current economic challenges.

Entrepreneur and Cooperatives Development Minister Steven Sim said the number of financial institutions involved in disbursing the fund has now increased to 20 banks, compared with the 18 banks announced previously.

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