Bank Negara Malaysia (BNM) has introduced the SME Stabilisation Relief Facility (SME SRF), a RM5 billion financing scheme to support small and medium enterprises (SMEs), including microenterprises, affected by the ongoing West Asia conflict.
In a statement, the central bank said some SMEs are facing operational disruptions, cash flow pressure and difficulty meeting short-term financial obligations.
The facility was announced following the prime minister’s roundtable discussion with financial institution CEOs on April 21, 2026. It is aimed at providing working capital support to help viable businesses continue operations during the period of uncertainty.
Eligible SMEs can obtain financing of up to RM750,000 with a repayment period of up to five years. The maximum financing rate is 3.75% per annum, inclusive of guarantee fees.
BNM said the loans will be supported by guarantees of up to 80% from Credit Guarantee Corporation Malaysia or Syarikat Jaminan Pembiayaan Perniagaan, especially for SMEs without sufficient collateral.
Applications will be open from May 15, 2026 to December 31, 2026, or until the funds are fully utilised.
SMEs can apply directly through participating financial institutions, including commercial banks, Islamic banks and development financial institutions regulated by BNM.
The central bank urged businesses facing or expecting financial difficulties to engage early with their banks, noting that early communication allows lenders to explore solutions such as repayment flexibility, restructuring or other support measures.
BNM added that financial institutions are ready to assist affected SMEs during this period.
Businesses may also seek support from Agensi Kaunseling dan Pengurusan Kredit (AKPK), including debt management programmes for individuals and sole proprietors, as well as the Small Debt Resolution Scheme for SMEs.
