The Association of Banks in Malaysia’s Post

Affin Bank - High Tech Facility (HTF-NIA)

View organization page for AFFIN Group

73,501 followers

RM1 billion of High Tech Facility (HTF-NIA) by Bank Negara Malaysia (BNM) as part of the National Investment Aspiration’s (NIAs) effort to provide additional assistance for high tech and innovation-driven SMEs affected by COVID-19 pandemic. Key principle of the HTF-NIA: 1. SMEs that are aligned to deliver national strategic long-term development goals as outlined in the scope of NIAs 2.SMEs adversely impacted by COVID-19: ✅Classification of SME as defined by National SME Development Council/SME Corporation and registered in Malaysia ✅Financing up to RM1 mil per eligible SME for working capital; or up to RM5 mil per eligible SME for CAPEX or a combination of working capital and CAPEX ✅Financing tenure up to seven (7) years ✅Financing rate 3.50% per annum without guarantee or 5.00% per annum inclusive of guarantee fee of the guarantee coverage provided by Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP) or Credit Guarantee Corporation (CGC) ✅Availability period until 31 December 2021 or full utilisation of funds To find out more, visit www.affinbank.com.my/ www.affinislamic.com.my or email to smecare@affinbank.com.my Terms and conditions apply. #WeGrowWithYou #EnterpriseBanking

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics