Bank Islam Integrated Annual Report 2022

BANKING SME In March 2022, we partnered with MIDA to support grant recipients in purchasing machinery and equipment upfront, while in April 2022, we signed an MoU with iPORTAL Live Sdn Bhd to bring our Islamic financial solutions onto a global platform, enabling digital connectivity for all sectors in the Halal economy. We achieved a significant Net Growth of 71% in SME Banking Asset, earning us the Nation’s Pride Brand of the Year Award for SME Development at the Brand Laureate Best Brands Awards 2021-2022. Our commitment to providing tailored financial solutions to support SME growth remains steadfast, and we will continue to push for excellence in all areas of the SME sector. SME Banking strengthened its position as a leading financial solution provider for SMEs with new financing programs such as SME Exporter and SME Smart Eco, increasing our client base while leveraging BNM funding initiatives to promote business recovery, growth, and sustainability. We engaged in strategic collaborations with partners to expand our market outreach and meet their members' financial needs. Integrated Report 2022 80 BUSINESS REVIEW

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