BANK Industri & Teknologi Malaysia Bhd intends to extend 50% of its loans to the maritime industry to provide assistance to local companies and promote offshore vessels.
“Offshore vessels are required to support oil activities,” group managing director Datuk Md Noor Yusoff said after the signing between the bank and Wise Innovations Sdn Bhd for a term loan facility of RM69.45mil in Kuala Lumpur yesterday.
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