KUALA LUMPUR: Bank Islam Malaysia Bhd, Petronas and Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) will collaborate to provide a financial solution to Petronas’ vendors, nationwide, via the Small and Medium Enterprises (SMEs) Vendor Financing Programme.
This follows the signing of a memorandum of understanding (MoU) yesterday between the three parties which aims to improve access to financing and liquidity to the local oil and gas services and equipment (OGSE) sector.
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