Last updated on October 11, 2025
Kuala Lumpur, 18 September 2025 — Digital bank GXBank has announced a new initiative called Jaguh Niaga, aimed at empowering 10,000 micro, small and medium enterprises (MSMEs) across Malaysia through inclusive financing and a raft of digital business tools. The programme is anchored on a new business banking offering (GX Business Banking) that seeks to remove traditional barriers and accelerate the growth of MSMEs by making financial and technological services more accessible.
Under the Jaguh Niaga Programme, sole proprietorships can open a GX Biz Account entirely digitally and without the need for physical documents. The bank promises sign-ups in under eight minutes, no monthly fees, no minimum balance requirements, and interest that accrues daily. For greater value, bonus interest rates are available when account holders engage with selected partner ecosystems.
In addition to business accounts, GXBank is offering GX Biz FlexiLoan, a financing product for MSMEs with flexible repayment terms of up to three years. Loan amounts can go as high as RM150,000, subject to eligibility, with approvals said to come with minimal friction and no penalties for early repayment. Interest is calculated daily, and clients who pay early can benefit from lower overall interest burden.
The Jaguh Niaga Programme is more than just banking and loans: it bundles value-added digital tools to help MSMEs scale, streamline operations, and improve visibility. Among these tools are access to HR management modules, digital payments capabilities, ad credits for visibility on partner platforms, and integrations with partners like Grab, du-it, Swipey, and PulseLink.
GXBank is positioning Jaguh Niaga as part of its mission to support businesses that form the backbone of Malaysia’s economy. The bank says MSMEs make up over 95% of businesses in the country, and by reducing friction in finance and support tools, it hopes to help entrepreneurs focus on growth rather than administrative burden.
