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Malaysia

Teraju unveils RM100M Shariah-Compliant i-WCPF to boost Malaysian businesses

The Bumiputera Agenda Steering Unit (Teraju), an agency under the Economy Ministry, has committed RM100m (US$23.2m) to its new Islamic Working Capital Project Financing (i-WCPF) programme. This initiative offers quick access to financing through digital platforms, including peer-to-peer (P2P) lending....

#P2P lending#Teraju#working capital finance

AEON Bank to launch supply chain finance

AEON Bank, a subsidiary of AEON Financial Service, has announced the launch of a new supply chain finance service in…

#Aeon Bank#AEON Financial Services#iQuattro platform


Maybank partners with Doxa Holdings to boost SCF

Maybank, a financial services firm based in Malaysia, has entered a memorandum of understanding (MOU) with Singapore's Doxa Holdings International,…

#supply chain finance


Maybank to increase SME financing to US$208m in 2024

Maybank has announced its plans to disburse approximately RM18bn (US$208.4m) in SME financing for the year 2024, marking a 13…

#sustainable financing


SME Corporation Malaysia and Funding Societies to provide US$1.27m...

SME Corporation Malaysia (SME Corp.), an agency under the Ministry of Entrepreneur and Cooperatives Development (MECD) and Funding Societies, a…

#Chai Kien Poon#Funding Societies#MSME finance


MUFG, SDM close first Islamic green facility

MUFG Bank (Malaysia), a subsidiary of Mitsubishi UFJ Financial Group (MUFG), has... (more…)

#green finance#MUFG#working capital


Alliance Bank and CGC allocate an additional MYR 1bn...

Alliance Bank Malaysia Berhad (Alliance Bank) has extended its partnership with ... (more…)

#bank#digital#guarantee


Funding Societies launches Islamic digital invoice finance in Malaysia

Funding Societies (FS), a MSME digital finance platform in Southeast Asia... (more…)

#Funding Societies#micro financing


Malaysia to start e-invoicing in June 2024

Malaysia will start implementation of e-invoice from June 2024. The aim of the e-invoice system is to strengthen digital tax…

#cloud#digital#e-invoice system


Malysian MLABS plans to launch factoring business in order...

MLABS Systems Berhad (MLABS), a Malaysian technology company, plans to include factoring and related business activities into its offer. The…

#digital#factoring industry#risk


IFC establishes a presence in Malaysia to support green...

IFC, a member of the World Bank Group and the largest global development institution focused on the private sector in…

#green finance


P2P financing in Malaysia: No signs of slowing down...

Peer-to-peer (P2P) financing in Malaysia has continued to experience strong growth... (more…)

#CapBay#supply chain finance

Malaysian CIMB Group doubles sustainable finance target

CIMB Group Holdings Berhad strengthened its sustainability commitment by doubling its sustainable finance target to RM60 billion by 2024 “under…

#CIMB#ESG#sustainable finance

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