(File pix)RHB Islamic Bhd marks another milestone in its ongoing collaboration with Unit Peneraju Agenda Bumiputera (Teraju) by signing a memorandum of understanding (MoU) with the latter's unit under purview, Institut Keusahawanan Negara (INSKEN). Pix from RHB website

PETALING JAYA: RHB Islamic Bhd marks another milestone in its ongoing collaboration with Unit Peneraju Agenda Bumiputera (Teraju) by signing a memorandum of understanding (MoU) with the latter's unit under purview, Institut Keusahawanan Negara (INSKEN).

The signing, which took place here earlier today, addresses areas of entrepreneurial learning, development programmes, cooperation in expertise and resources utilisation as well as future cobranding programmes.

"We are honoured to be the first financial institution to collaborate with INSKEN and to play a part in grooming and upscaling SMEs via this entrepreneurial development programme," said managing director and chief executive officer (CEO), Datuk Adissadikin Ali at the signing.

"In fact, we have embarked on a series of networking-cum-clinic sessions at various economic corridors, including Sabah and Sarawak, as part of the group's outreach commitment in supporting Teraju to meet its objective," he said.

Adissadikin noted that the initiative will enable RHB Islamic to identify potentially high-performing SMEs and nurture them at an early stage until they reach their full potential.

Datuk Husni Salleh, who is both the exco committee member of INSKEN and CEO of Teraju, said that they are always on the lookout for more partnership opportunities with other institutions for the benefit of companies under the Syarikat Bumiputera Berprestasi Tinggi (Teras) programme.

"INSKEN's high performing training consists of talent development programmes for SMEs, institutional development and advancing competencies of the senior management of SME business," said Husni.

He further explained that the short term goal of the programme is to develop senior management capabilities and sound decision-making and talent development for future succession.

In the long-run, the participating SMEs are expected to grow to become regional and eventually, international champions.

"The RHB advisory services will be beneficial in aligning the entrepreneurs' business development to expand their business locally and internationally," said Husni.

"I am confident that this collaboration will benefit the entrepreneurs in understanding the banking facilities options and solutions available to them," he added.