Kuala lumpur: The announcement on financing guarantees, entrepreneurship incentives, and digitalisation programmes for small enterprises in Budget 2026 will enable them to scale and strengthen resilience, said banks.

According to BERNAMA News Agency, RHB Banking Group managing director and group chief executive officer Datuk Mohd Rashid Mohamad stated that the government’s continued support was further reinforced by the increase in government guarantees under the Skim Jaminan Kredit Perumahan (SJKP) and Syarikat Jaminan Pembiayaan Perniagaan (SJPP) for home and business financing. He emphasized that these efforts align with RHB’s commitment to enhancing access to financing and advisory support for growth-driven businesses.

Public Bank Bhd managing director and chief executive officer Tan Sri Tay Ah Lek expressed that the bank welcomes the government’s ongoing focus on micro, small, and medium enterprises (MSMEs) by allocating more than RM20 billion for financing and guarantees. Tay also highlighted the bank’s full support for the government’s initiatives to build a national legacy for environmental preservation in the future.

Earlier, Prime Minister Datuk Seri Anwar Ibrahim announced an allocation of RM3 billion for the Green Technology Financing Scheme to encourage private investment in solar energy, hydrogen, and bioenergy. The definition of green energy will be expanded to enable corporate buyers to obtain certified renewable energy.