Malaysia’s 10 anchor banks ”are catching up” despite being two to three years behind Singapore banks and nearly five years behind their European counterparts in their preparations for Basel II, a banking risk management expert said.
Small-and medium-sized enterprises (SMEs) with less than RM25m in annual turnover could soon have the option of raising money from the Mesdaq market, according to a proposal announced this week.
“From the end of 2006, in Malaysia's case from 2008, bankers' elitist image will be pushed further into history, joining the likes of other long-gone traditions such as the practice that bank tellers had to sit on raised platforms above customers,
Small- and medium-sized enterprises (SMEs) have been promised faster loan approvals by Bumiputra-Commerce Bank Bhd (BCB).
Malaysian banks will adopt a two-phase approach in complying with the Basel II Capital Accord, says Bank Negara Malaysia’s governor.
United Base Consultancy Sdn Bhd, the financial consultant specialist, is keen to assist small- and medium-sized enterprises (SMEs) in procuring loans and credit facilities from the financial institutions and corporate investors.
Start-up businesses were badly hit by the tough economic environment last year, as evidenced from the sharp increase seen in Credit Guarantee Corp Bhd's (CGC) bad debt provisions.
Malaysian companies, especially small- and medium-sized enterprises (SMEs), have started to take advantage of the zero import tariff on Hong Kong exports to China by moving some of their operations there.
Sarawak ranks high among other States in Malaysia that generated investments for the country last year with a contribution of 30 per cent of the country’s total investments.
Bank loans may grow by about 6 per cent this year, the strongest yet six years after the regional financial crisis.
