SME Bank Makes Maiden Foray Into Non-traditional Markets, Unlocking RM125 Million Potential Export Sales in South Africa and Kenya

KUALA LUMPUR, Sept 9 (Bernama) — Small Medium Enterprise Development Bank Malaysia (“SME Bank”), a subsidiary of Bank Pembangunan Malaysia Berhad, has successfully concluded its latest Export Acceleration Mission (“EAM”) to South Africa and Kenya, marking the Bank’s first foray into non-traditional markets. The mission brought together 11 Malaysian SMEs, generating approximately RM125 million in potential export sales and showcasing strengths across healthcare, medical devices, food and beverages, consumer products and specialised manufacturing.
 
Samad Majid Zain, Relief President and Chief Executive Officer of SME Bank said, “Since 2023, more than 100 Malaysian companies have participated in the EAM, generating RM439 million in potential export sales. This reflects steady growth, rising from RM113 million in 2023 to RM160 million in 2024 and RM166 million in 2025, underscoring the rising global competitiveness of Malaysian enterprises.”

https://mrem.bernama.com/viewsm.php?idm=52040

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