Malaysia

Maybank and Mizuho aim to achieve a minimum of RM500m in loans from its receivables financing programme for the financial year ending June 30, 2008.

Bank Rakyat Malaysia Bhd will allocate more than RM50 million in loans to SMEs, backed by Credit Guarantee Corp Bhd, from this year to 2010.

In today's dynamic business climate, organisations have to increase the speed of innovation and one way of doing that is to better collaborate with their business partners, according to SAP.

Export-Import Bank of Malaysia Bhd (Exim Bank) expects an 11 per cent increase in loans and credit insurance in 2007, from RM3bn disbursed last year.

Export-Import Bank of Malaysia Bhd (Exim Bank) expects an 11% increase in loans and credit insurance this year from RM3bn disbursed last year.

Credit Guarantee Corp Bhd (CGC) has teamed up with Dun Bradstreet Malaysia Sdn Bhd to jointly operate Malaysia's first credit bureau for SMEs. The bureau will make use of technology to transform raw information into analysed data, including SME credit ratings.

HSBC Bank Malaysia Bhd is on track to capture about 8% of SME business by early 2009.

National mortgage corporation Cagamas Bhd has introduced its first securitisation of SME loans into an asset class amounting to RM600m via credit-linked notes.

The MCA will set up a small- and medium-sized enterprises (SME) Financing and Resource Facilitating Centre to provide industry players with information on how to get financial support for their businesses. 

IFS CAPITAL (Malaysia) Sdn Bhd, which provides factoring and hire purchase loans, plans to increase its staff strength and offer more services to capture more customers.