CIMB Bank and CIMB Islamic Bank returned with the third edition of CIMB Bazar Siberturahim to support small and medium-sized enterprises (SMEs) with business solutions and knowledge sharing for long-term growth.
The event featured the launch of CIMB SMEBizReady, a suite of solutions focused on digitalisation, technology adoption, and sustainability for SMEs.
Additionally, a panel discussion titled “Preserving Multi-Generational Wealth” offered practical insights on Islamic wealth and legacy planning, covering inheritance and related matters.
CIMB SMEBizReady offers various financing solutions, including the SME automation and digitalisation facility, high tech and green facility, and low carbon transition facility, to empower SMEs to embrace technology, automation, and sustainable practices.
The bank collaborates with Credit Guarantee Corporation Malaysia Berhad (CGC) and Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP) to offer guarantee schemes for SME financing, eliminating collateral requirements. This initiative is part of CIMB’s RM30 billion commitment to SME financing from 2022 to 2024.
The Bazar Siberiahim is open to the public until 10 March, offering special discounts to CIMB cardholders.
“CIMB prioritises initiatives to complement the needs of SMEs in various industries that will assist the sustainability and longevity of their businesses.
CIMB SMEBizReady is designed to provide value based financing (VBF) to unlock their potential through an array of targeted financing solutions along with access to technology solution providers,”
said Lawrence Loh, Co-Chief Executive Officer, Group Commercial and Transaction Banking, CIMB Group.
“Via this event, CIMB Islamic is pleased to support individuals and SMEs in achieving their potential through solutions such as SME BizReady and, financial and wealth planning.
As a Value-Based Intermediary, this integrated platform enables us to deliver positive impact that contributes to the growth of Malaysia’s economy, fostering financial inclusion and homegrown talent as well as the customers and communities we serve,”
said Ahmad Shahriman Mohd Shariff, Chief Executive Officer of CIMB Islamic.
