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Northern Corridor Implementation Authority (NCIA)

Affin Bank Entrepreneur Scheme (NABES) Program

Features & Benefits

Objectives

Northern Corridor Implementation Authority (NCIA) – Affin Bank Entrepreneur Scheme (NABES) Program is a collaboration between NCIA and the Bank to assist eligible SMEs in Northern Corridor Economic Region (NCER) in obtaining access to financing offered by the Bank with subsidized financing rates.

Purpose of Financing

For working capital purpose only.

Financing Rate

Based on rate of the approved financing facility
*Please refer to our financing solutions tab based on “Available Financing Facilities” 

Availability Period

Upon full utilisation of the subsidy

Subsidy Tenure

Based on tenure of the approved financing facility 

Financing Limit

Up to RM500,000

Subsidy Rate

50% of profit rate or 5% p.a. of total financing amount (whichever lower)

Available Financing Facilities

1. BNM Funds
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Financing Limit

Up to RM500,000

Subsidy Rate

50% of profit rate or 5% p.a. of total financing amount (whichever lower)

Financing Limit

Up to RM500,000

Subsidy Rate

50% of profit rate or 5% p.a. of total financing amount (whichever lower)

Available Financing Facilities

Grow your savings with competitive interest rate

Financing Limit

Up to RM1 million

Subsidy Rate

50% of profit rate or 5% p.a. of total financing amount (whichever lower)

Eligibility

  • SMEs operating in Northern Region (Perlis, Kedah, Penang & Perak).
  • ​​​​​​​Other eligibility criteria shall follow the eligibility criteria of the available financing facilities

How to reach us?

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