BNM Disaster Relief Facility (DRF) 2022

In response to the recent floods, we would like to announce our participation in the BNM Disaster Relief Facility (DRF) 2022, which aims to alleviate the financial burden of the Microentreprises and Small & Medium Enterprises (MSMEs) affected by the recent floods and enable them to resume their business operations.

Key Features
Scheme Name	BNM Disaster Relief Facility (DRF) 2022
Eligibility	Microenterprises and SMEs^* (at least 51% shares held by Malaysians) affected by floods located in districts identified by Agensi Pengurusan Bencana Negara as flood disaster areas Based on the definition of SME as per SME Corp Malaysia www.smecorp.gov.my*
Purpose of Financing	Repairs and/or replacement of assets for business use (e.g. plants and machinery) which have been damaged by natural disasters; and/or Working capital. Note: Financing should not be used for refinancing of existing credit / financing facilities.
Financing Rate	Up to 3.50% p.a. (inclusive of guarantee fee, if any)
Financing Limit	For SME: Maximum of RM 700,000 only per SME* For Micro: Maximum of RM 150,000 only per Micro Enterprise* *Note: A collective financing limit is applicable for SMEs with common shareholder(s) of equal to or more than 20% shareholding.
Guarantee Coverage	80% guarantee cover at 0.5% p.a. guarantee fee
Maximum Tenure	Up to 7 years, including a moratorium period of 6 months on both principal and interest/profit payments.

Note: The final approval on financing granted is subject to Bank credit assessment and discretion.

For further information or enquiries, please leave your contact details by clicking on the I’m Interested button and our Relationship Managers will reach out to you.

For our existing customers who are interested, you can apply for this financing through your dedicated Relationship Managers.

For more information, please refer to the BNM Disaster Relief Facility (DRF) 2022 FAQ.

BNM Disaster Relief Facility (DRF) 2022

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