SME Bank

{{Infobox company

| name = Small Medium Enterprise Development Bank Malaysia Berhad

| logo = SME Bank.svg

| logo_caption =

| image =

| image_caption =

| type = Public

| traded_as =

| industry = {{ubl|Banking|Financial services}}

| founded = {{start date and age|df=y|2005|10|3}}

| founder =

| key_people = {{plainlist|

  • Faizah Mohd Tahir (Chairman)
  • Aria Putera Ismail (CEO)

}}

| hq_location_city = Kuala Lumpur

| hq_location_country = Malaysia

| area_served = Malaysia

| products =

| revenue = {{increase}} RM6.5 billion{{Cite web|url=https://www.smebank.com.my/en/news-2018/376-sme-bank-s-2017-net-profit-up-37-4percent|title=SME Bank`s 2017 net profit up 37.4 percent|last=|first=|date=29 June 2018|work=The Sun (Malaysia)|archive-url=|archive-date=|access-date=1 April 2019}}

| revenue_year = 2017

| net_income = {{increase}} RM74 million{{Cite web|url=https://www.bharian.com.my/bisnes/korporat/2018/06/442819/untung-bersih-sme-bank-meningkat-kepada-rm74-juta-pada-2017|title=Untung bersih SME Bank meningkat kepada RM74 juta pada 2017|last=|first=|date=28 June 2018|work=Berita Harian|archive-url=|archive-date=|access-date=1 April 2019}}

| net_income_year = 2017

| owner = Minister of Finance Incorporated

| subsid = {{plainlist|

  • Centre for Entrepreneur Development and Research (CEDAR)
  • SMEB Asset Management Sdn Bhd

}}

| website = {{URL|www.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.{{Cite web|url=https://www.smebank.com.my/en/about-us/corporate-info/about-sme-bank|title=SME Bank: About us|last=|first=|date=|website=www.smebank.com.my|archive-url=|archive-date=|access-date=1 April 2014}}{{Cite web|url=http://www.kosmo.com.my/niaga/sme-bank-tingkat-peranan-bantu-pks-1.806246|title=SME Bank tingkat peranan bantu PKS|last=|first=|date=17 December 2018|website=Kosmo! Online|archive-url=|archive-date=|access-date=1 April 2019}}{{Cite web|url=https://www.thestar.com.my/business/business-news/2006/09/12/sme-bank-to-expand-role/|title=SME Bank to expand role|last=|first=|date=12 September 2006|website=The Star Online|archive-url=|archive-date=|access-date=1 April 2012}} Aria Putera Ismail is the CEO of the bank since 3 September 2018.{{Cite web|url=https://www.malaymail.com/news/money/2018/09/03/sme-bank-appoints-aria-putera-ismail-as-ceo/1668941|title=SME bank appoints Aria Putera Ismail as CEO|last=|first=|date=3 September 2018|work=The Malay Mail|archive-url=|archive-date=|access-date=1 April 2019}}

On 1 May 2025, SME Bank along with EXIM Bank Malaysia was acquired by Bank Pembangunan.{{cite news|url=https://www.thestar.com.my/business/business-news/2025/05/01/bank-pembangunan-completes-acquisition-of-exim-bank-sme-bank|title=Bank Pembangunan completes acquisition of Exim Bank, SME Bank|publisher=The Star Online|date=1 May 2025|accessdate=12 May 2025}}

See also

References

{{Reflist}}