Business

Published: Wednesday August 10, 2011 MYT 4:55:00 PM

StanChart rolls out SME business debit card


KUALA LUMPUR: Standard Chartered Bank Malaysia has introduced the SME Business Debit Card to meet the financial needs of fast growing SMEs in Malaysia.

Through the launch of the SME Business Debit Card, the bank aims to issue a total of 12,500 cards by 2012 to deepen penetration rate and increase debit card spend in the country. "As the sector continues to grow, SMEs require sophisticated range of solutions to meet their changing needs.

"The SME Business Debit Card is a value added solution that we are extending to our customers and further strengthening our value proposition," said Standard Chartered General Manager of SME Banking Vishal Shah in a statement today.

The SME Business Debit Card is available to all Standard Chartered's SME customers with current accounts with the Bank. Each account is entitled to apply up to 10 cards. - BERNAMA

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