Entrepreneur Development and Cooperatives Ministry Datuk Seri Wan Junaidi Tuanku Jaafar speaks during an interview in Kuala Lumpur April 1, 2020. — Bernama pic
These micro, small and medium-sized enterprises are from the tourism, education, public transport, health and petrol station SME sector, and have met the SRP's criteria in line with the Entrepreneur and Cooperative Recovery Plan, said Minister of Entrepreneur Development and Cooperatives, Datuk Seri Wan Junaidi Tuanku Jaafar.
SME Bank group president and chief executive officer, Aria Putera Ismail said the SRP is formulated based on the needs and robustness of each customer's business cash flow.Of the total number of eligible customers, Aria Putera said 66 per cent received a moratorium extension of up to 12 months and 15 per cent received a six-month profit rate payment, while the rest have rescheduled their financing repayment.
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