PUNB has reduced the profit rate on its PROSPER GROW financing to 3.5% per annum, easing the cost of capital for growing Bumiputera businesses in the retail, distributive trade and manufacturing sectors.
The move is part of PUNB's continued effort to make Shariah-compliant financing more accessible, helping entrepreneurs reinvest in stock, automation, digitalisation and capacity as they scale to the next level.
Eligible businesses can apply online through PUNB Online, with financing margins of up to 90% of the approved project cost and tenures of up to seven years.
Reported by The Star · BERNAMA · NST. Illustrative article for this concept demo.
