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Malaysia

UOB to leverage on niche in SMEs

United Overseas Bank (M) Bhd (UOB) plans to gain market share and enhance profits by building on its niche in commercial lending, personal financial services and capital market activities this year, said chief executive officer Chan Kok Seong. “We will...

Public Bank posts record profit, SME loans up 14%

Public Bank Bhd has posted a record net profit of just over RM1bn for the financial year ended 31 December…

#bank#SME loans#smes


Association to help SMEs get funds

The Association of Banks in Malaysia chairman, Dr Rozali Mohamed Ali, said the association welcomed the government's call to look…


Dawama granted RM3.1m factoring facility

AMDB Bhd said its wholly-owned subsidiary AMDB Factoring Sdn Bhd has granted a facility of up to RM3.1 million to…


UPS introduces synchronised commerce business solution for SMEs

United Parcel Service Sdn Bhd (UPS) is focusing on small- and medium-sized enterprises (SMEs) to promote its business solution, known…

#bank#exporters#International Trade


Bank Negara allocates RM800m to help SMEs restructure debts

Bank Negara has allocated RM800 million under a Rehabilitation Fund to provide new financing for small- and medium-sized enterprises (SMEs)…

#bank#banks#commercial finance


Harness branding culture to go global, SMEs urged

Small-and medium-sized enterprises (SMEs) have been urged to harness a branding culture in order to successfully place locally-made products and…


More than 10,000 Sabah SMEs get loans under Micro...

A total of 10,314 applicants in Sabah have benefited from the Micro Credit Scheme in which RM24.6m had been approved…


Bank Negara sets up special unit to assist SMIs

Bank Negara Malaysia (BNM) has set up a special unit to overcome the debt problems incurred by small- and medium-sized…


Banks not proactive in giving out loans to SMEs

The change in the financial institutions’ corporate culture as a result of their consolidation has left small- and medium-scale enterprises…

#bank#banks#Boost


Minister urges SME participation in trade missions

The participation of local companies, especially small- and medium-sized enterprises (SMEs), in investment and trade missions overseas is still lacking…


SMI debt revamp panel will boost sector, improve banks'...

The proposed small- and medium-scale industry (SMI) Debt Restructuring Committee (SDRC) is expected to strengthen the SMI sector and improve…

RM1bn micro credit for SMEs

The RM1 billion micro credit scheme, announced in the New Strategies Package unveiled last May, has received overwhelming response from…

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