Maybank Kim Eng sees bright prospects to fund projects in Indonesia


JAKARTA: Maybank Kim Eng group chief executive officer John Chong said the lack of deep bond market, especially in Indonesia, paves the way for the banking group to potentially play a key role in getting large projects take off the ground.

He said that the capital markets, in particular the bond or sukuk market was an effective alternative to the bank market to finance the pipeline of infrastructure projects in Indonesia.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , maybank , kim eng , indonesia , debt , market , funding , stocks , shares , klci ,

   

Next In Business News

Ekuinas acquires 80% stake in pharma ingredients producer Symbiotica
TNG Digital introduces Malaysia's first in-app Visa exchange rate calculator
Carlsberg says price increases gave solid start to 2024
HSBC Chief Quinn, architect of sweeping overhaul, announces surprise retirement
Sime Darby Plantation proposes name change to SD Guthrie
Asian shares rise, yen wobbles after volatile start to week
Strait Energy's unit completes first delivery of ISCC EU-certified marine biofuel
MKHOP seeks to capitalise on higher CPO prices amid tighter global supply
Bursa Malaysia registers higher net profit of RM75.03mil in 1Q
Bursa takes a breather at midday

Others Also Read