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SME Bank

From Wikipedia, the free encyclopedia
Small Medium Enterprise Development Bank Malaysia Berhad
TypePublic
Industry
Founded3 October 2005; 20 years ago (2005-10-03)
Headquarters,
Area served
Malaysia
Key people
  • Faizah Mohd Tahir (Chairman)
  • Aria Putera Ismail (CEO)
RevenueIncrease RM6.5 billion[1] (2017)
Increase RM74 million[2] (2017)
OwnerMinister of Finance Incorporated
Subsidiaries
  • Centre for Entrepreneur Development and Research (CEDAR)
  • SMEB Asset Management Sdn Bhd
Websitewww.smebank.com.my

Small Medium Enterprise Development Bank Malaysia Berhad, commonly known as SME Bank, is a Malaysian small and medium enterprise (SME) banking company owned by Minister of Finance Incorporated. The bank's main activity is to provide financial assistance and expertise to small and medium enterprises.[3][4][5] Aria Putera Ismail is the CEO of the bank since 3 September 2018.[6]

On 1 May 2025, SME Bank along with EXIM Bank Malaysia was acquired by Bank Pembangunan.[7]

See also

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References

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  1. "SME Bank`s 2017 net profit up 37.4 percent". The Sun (Malaysia). 29 June 2018. Archived from the original on 1 April 2019. Retrieved 1 April 2019.
  2. "Untung bersih SME Bank meningkat kepada RM74 juta pada 2017". Berita Harian. 28 June 2018. Retrieved 1 April 2019.
  3. "SME Bank: About us". www.smebank.com.my. Retrieved 1 April 2014.
  4. "SME Bank tingkat peranan bantu PKS". Kosmo! Online. 17 December 2018. Archived from the original on 1 April 2019. Retrieved 1 April 2019.
  5. "SME Bank to expand role". The Star Online. 12 September 2006. Retrieved 1 April 2012.
  6. "SME bank appoints Aria Putera Ismail as CEO". The Malay Mail. 3 September 2018. Retrieved 1 April 2019.
  7. "Bank Pembangunan completes acquisition of Exim Bank, SME Bank". The Star Online. 1 May 2025. Retrieved 12 May 2025.
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