BANKING INDUSTRY INTENSIFIES SUPPORT FOR SMEs AFFECTED BY WEST ASIA CONFLICT

April 29, 2026

Joint media statement by The Association of Banks in Malaysia (ABM), Association of Islamic Banking and Financial Institutions Malaysia (AIBIM), and Association of Development Finance Institutions of Malaysia (ADFIM)

Kuala Lumpur, 29 April 2026: The Association of Banks in Malaysia (ABM), Association of Islamic Banking and Financial Institutions Malaysia (AIBIM), and the Association of Development Finance Institutions of Malaysia (ADFIM) welcome the introduction of Bank Negara Malaysia’s (BNM) SME Stabilisation Relief Facility (SME SRF), a RM5 billion financing facility to assist micro, small and medium enterprises (MSMEs) affected by the ongoing West Asia conflict.

This initiative complements the banking industry’s ongoing assistance for MSMEs as they navigate through these heightened global uncertainties. The industry strongly encourages affected MSMEs to leverage this facility to help sustain their business.

The banks remain firmly committed to supporting their customers during these challenging times and ensuring that viable businesses continue to have access to financing and assistance. At the same time, the industry is also proactively engaging customers to raise awareness of available support measures.

Affected MSMEs are encouraged to engage their banks at an early stage to explore suitable solutions, including repayment assistance, restructuring and working capital support.

Applications for the SME SRF can be submitted through participating banks beginning 15 May 2026 and MSMEs may refer to BNM’s website to obtain the list of participating banks at https://www.bnm.gov.my/funds4sme or contact their banks directly. The contact details of each association’s member banks can be obtained from the respective association’s official website, as follows:

ABMConnect | Toll-free on 1300-88-9980

ABMConnect provides an avenue for consumers to clarify any doubts and verify information on conventional banking issues.