PTPTN appoints AmIslamic financier, agent

  • Business Premium
  • Thursday, 17 Dec 2009

PETALING JAYA: AmIslamic Bank Bhd has been appointed financier and facility agent by Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) for a 10-year RM1.5bil Bai’Inah Term Financing-i, a facility guaranteed by the Government.

In a statement yesterday, PTPTN chairman Datuk Dr Mohamad Shahrum Osman said AmIslamic Bank was the second financial institution to sign a financing agreement with PTPTN, an organisation tasked with managing and providing financing for Malaysian students to pursue studies at local institutions of higher learning.

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