KUALA LUMPUR: A total of 7,205 applications for the Penjana Small and Medium Enterprise (SME) Financing programme, involving a total loan value of RM1.36 billion, have been approved as of March 12.

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said the government had allocated RM2 billion under this programme that prioritised SMEs that had never obtained bank loans previously.