Jaya Balan Kathiravalu
CIMB
Head of SME Banking Malaysia, Group Commercial Banking
Small and Medium Enterprises (SMEs) play a crucial role in Malaysia's economy, particularly in the service and manufacturing sectors. Jaya Balan Kathiravalu, Head of SME Banking Malaysia at CIMB's Group Commercial Banking, provides an overview of the SME market in Malaysia. He explains how SMEs are defined in the country, noting that companies are categorized as micro, small, or medium based on their turnover and the number of employees.
He then details CIMB's approach to serving SMEs through a three-stage segmentation model, followed by an explanation of their lending practices to meet the growing demand.
