AFFIN Bank Recognised As Best Bank For SMEs In Malaysia

AFFIN BANK its outstanding acknowledgement as the ‘Best Bank for SMEs in Malaysia’ award at the Asiamoney Best Bank Awards 2023.

Established in 2016, the Enterprise Banking division marks the start of AFFIN BANK’s journey into making a significant impact within the extensive SME community. With a focus on businesses ranging from start-ups to well-established SMEs, the division provides a comprehensive array of SME financial products and services, including financing, transactional, payment, trade, and bancassurance.

Cognisant of SMEs’ potential to set Environmental, Social and Governance (ESG) best practice standards, the Bank has taken proactive steps to cultivate this potential by introducing green and social financing. Additionally, the Bank actively encourages the adoption of ESG values as a pivotal component of their long-term business growth strategy.

President & Group CEO of Affin Bank Berhad, Datuk Wan Razly Abdullah said, “This exemplifies the Bank’s commitment and expertise in supporting the growth and prosperity of SMEs in Malaysia. It further motivates us to continue developing and delivering top-notch banking solutions that contribute to their success.”

“This recognition serves as a notable benchmark, indicating AFFIN BANK is on the right track as a market leader when it comes to supporting Malaysian SMEs and start-ups’ growth and sustainability through a myriad of niche propositions and SME digitalisation efforts.

Since inception, the Bank has rolled out numerous niche segment-targeted propositions including AFFIN ASPIRA (for our start-ups), AFFINGEM (for our women entrepreneurs), and AFFINWRKFZ (for SMEs’ business development needs). Moreover, we enthusiastically encourage our valued SMEs to embrace digital transformation through our robust digital solutions such as AFFINMAX and our multi-award-winning SME Colony app.”

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