Mitsui Sumitomo Insurance Bhd expects to underwrite between RM1 million and RM3 million worth of premiums for its credit insurance this year, said its executive director Susumu Ichihara.
A bank for small- and medium-sized enterprises (SMEs) will start operations in October Deputy Prime Minister Najib Abdul Razak said.
Maybank aims to achieve 14 per cent loan growth for the small- and medium-sized enterprise (SME) sector this year, executive vice president and head of enterprise financial services, Muhamad Umar Swift, said yesterday.
OCBC Bank (M) Bhd expects to approve RM5 bn in loans for small- and medium-sized enterprises (SMEs) this year, up from RM4 bn in 2004.
Standard Chartered Bank Malaysia Bhd expects a 30-to 40 per cent growth in loans to small- and medium-sized enterprises (SMEs) this year, its general manager for SME banking, Fung Kai Jin said.
Bank Negara Malaysia has resolved about half of the cases of non-performing loans (NPLs) by small- and medium-sized enterprises (SMEs) that were referred to its Small Debt Resolution scheme.
Small and Medium Industries Development Corp (Smidec) has approved more loan and grant applications in the current 8th Malaysia Plan (8MP) period than during the entire duration of the 7MP.
The merger of the AmBank Group's commercial bank and finance company's operations will allow it to grow with SMEs.
Financial assistance for small- and medium-sized enterprises to invest in information and communications technology (ICT) systems should be included as part of services offered by the proposed SME development bank announced by the Government recen
