8th June 2023 - 2 min read
Standard Chartered and Standard Chartered Saadiq have launched a new programme called the SC Women’s International Network (SC WIN), which is aimed at empowering women entrepreneurs who are looking to expand their businesses. Specifically, they will be provided with offerings like tailored financial services, education, and networking opportunities.
According to the bank, the SC WIN initiative is designed to be both comprehensive and holistic, and one of its key feature is that it will allow these women entrepreneurs to obtain credit guarantee loans, with the flexibility of an overdraft facility backed by government guarantee schemes. Additionally, they can tap into a six-month moratorium on their business instalment loans, along with exclusive lifestyle and banking privileges via Priority Banking and the Smart Business$aver business current account.
On top of financial services, the SC WIN programme will also provide women entrepreneurs with education and networking opportunities through business academic sessions and networking events. They can even take advantage of curated workshops with one-on-one coaching and mentoring by key industry leaders.
Managing director and head of consumer, private, and business banking for Standard Chartered, Sammeer Sharma said that the launch of SC WIN is crucial as women-owned businesses have been growing rapidly throughout the years. In fact, it now makes up 20% of the total small and medium-sized enterprises (SMEs) in Malaysia.
“In support of the country’s push to drive more economic participation of women entrepreneurs, the launch of SC WIN is timely to help them benefit from the right opportunities, navigate challenges, and ultimately, achieve long-term sustainable growth,” said Sharma.
(Sources: Standard Chartered, The Star)
Subscribe to our exclusive weekly newsletter and we’ll bring you the week’s highlights of financial news, expert tips, guides, and the latest credit card and e-wallet deals.
Stay tuned for what’s to come next in the personal finance world
Comments (0)