KUALA LUMPUR (Feb 5): Bank Negara Malaysia (BNM) announced today an additional allocation of RM2 billion for the Targeted Relief and Recovery Facility (TRRF) and the establishment of a RM200 million Disaster Relief Facility (DRF) 2021.
BNM said in a statement it would increase the allocation for the TRRF by another RM2 billion, increasing the total allocation of the facility to RM4 billion.
The facility will be available until Dec 31, 2021 or full utilisation, whichever is earlier, it said.
The bank also noted that small and medium enterprises (SMEs) that are recipients of the Special Relief Facility and PENJANA SME Financing are now eligible to apply for the TRRF, subject to a total financing limit not exceeding RM500,000.