Boost Bank has achieved a major milestone as Malaysia’s first homegrown digital bank, disbursing nearly RM150 million in SME financing to hundreds of Small and Medium Enterprises (SMEs). This achievement highlights Boost Bank’s commitment to financial inclusion and support for underserved small businesses.
With typical loan sizes around RM300k, Boost Bank’s core financing solutions, including Term Loan and Revolving Credit, are designed for SMEs with minimal documentation, fast processing, and flexible repayment options. Benefiting various sectors such as wholesale, manufacturing, retail, and food and beverage, these solutions help businesses manage cash flow and expand with ease.
Fozia Amanulla, CEO of Boost Bank, shared: “SMEs are at the heart of Malaysia’s economy. They create jobs, spark innovation, and keep our communities vibrant. When we started offering SME financing, our mission was clear – to help business owners overcome the financing challenges they often face. Reaching this milestone is not just about hitting a target. It’s about showing what’s possible when financing is made simple, accessible, and built around the real needs of business owners.”
Fozia added, “This also reflects how fast digital solutions are reshaping the way businesses operate. At Boost Bank, we’re committed to supporting SMEs not just with financing, but also with the right tools and services to help them run and grow their businesses confidently in the digital age.”
Boost Bank will soon launch a new digital platform for SMEs. This platform will not only provide financing but also help small businesses manage their money, payments, and operations in one place, allowing entrepreneurs to focus on growing their business.
To learn more about Boost Bank and its SME financing solutions, please visit www.myboostbank.co.