KUALA LUMPUR (Bernama): Bank Negara Malaysia (BNM) has announced an additional allocation of RM2bil for the Targeted Relief and Recovery Facility (TRRF), as well as the establishment of a RM200mil Disaster Relief Facility (DRF) 2021.
In a statement on Friday (Feb 5), BNM said the additional allocation brings the TRRF to a total of RM4bil, and the facility is available until Dec 31,2021, or until full utilisation, whichever is earlier.
“Small and medium enterprises (SMEs) that are recipients of the Special Relief Facility and the National Economic Recovery Plan’s (Penjana) SME Financing are now eligible to apply for TRRF, subject to total financing not exceeding RM500,000.