SME Bank partners with MARC to support Malaysian SME growth

They will combine their expertise in data and business coaching.

SME Bank Malaysia Berhad is working with the Malaysian Ratings Corporation (MARC) to foster an entrepreneurial ecosystem in Malaysia.

SME Bank’s subsidiary CEDAR will combine its business coaching and mentoring with MARC’s credit ratings, economic research, and data analytics expertise to enhance the small and medium enterprise (SME) sector in Malaysia.

Key initiatives include improving SMEs’ access to capital, as well as developing products and services to address challenges faced by SMEs.

CEDAR and MARC will also provide businesses with developmental resources to facilitate expansion, optimize operations, and enhance decision making.