The Malaysian Prime Minister has announced the rebranding of SMIDEC, with the aim of developing a competitive and resilient SME sector to overcome the economic crisis
Malaysia's Credit Guarantee Corp (CGC) has seen increasing demand from SMEs for loan restructuring to improve their cash flow in the current weak market environment.
Standard Chartered Bank Malaysia Bhd is pushing for more Islamic asset-backed financing in Malaysia as an alternative for clients to raise funds in difficult markets
Sunil Mascarenhas, Head of Receivables Finance for HSBC in Malaysia, talks to Factorscan about the development of the industry and the factoring product in the country.
SME Bank Malaysia Bhd expects its non-performing loans (NPL) ratio to further deteriorate this year as small and medium enterprises (SMEs) grapple with the current tough economic conditions.
Bank Muamalat Malaysia Bhd and SME Bank recently signed an agreement to launch the Kafalah Scheme to provide SME customers the chance to get Shariah based financing.