Public Bank and Public Islamic Bank are participating financial institutions of the Targeted Relief and Recovery Facility (TRRF) to provide relief and support the recovery of eligible Small and Medium Enterprises (SMEs) that are adversely affected by the reintroduction of containment measures since June 2020.
Salient features of the TRRF:
- Eligible SMEs may obtain TRRF for the purpose of working capital and refinancing* of existing business financing
* Up to 30% of total financing approved - Loan / Financing up to RM500,000 per SME under category of Small or Medium and RM75,000 per SME under category of Micro
- Moratorium period of 6 months
- Financing rate of 3.5% fixed per annum
- Recipients of Special Relief Facility (SRF) and PENJANA SME Financing (PSF) are eligible for TRRF subject to maximum financing limit per SME and total aggregate financing limit
- Recipients of PENJANA Tourism Financing (PTF) are not eligible for TRRF
Terms and conditions apply.
For more information / application, please contact nearest Public Bank and Public Islamic Bank Branches.
