KUALA LUMPUR: OCBC Bank (M) Bhd, whose Islamic banking division registered a 61% growth in outstanding financing last year, attributes the significant increase to its “customer-centric” lending programmes for both individuals and corporates.
Director and chief executive officer Datuk Albert Yeoh said the jump in outstanding financing from RM866mil in 2004 to RM1.4bil in 2005 was propelled by innovative lending programmes that ranged from its popular consumer-focused Cash Financing-i and the relatively new Acceptance Bills-i, to its Islamic investment banking exercises.
