Bank Islam commercial banking head Ahmad Haliman Abdul Halim (second from left) exchanging the agreement with Setegap Ventures Petroleum CEO Mohd Shahrin Saad (second from right). Looking on are Bank Islam CEO Mohd Muazzam Mohamed (left) and Setegap Ventures Petroleum chairman Datuk Nasri Nasrun (right).
KUALA LUMPUR: Bank Islam Malaysia Bhd is planning to increase its allocation for financing facilities under its vendor financing programme for SMEs to between RM1.2bil and RM1.3bil next year.
Out of this, the bank aims to repeat its RM1bil disbursement target this year under the programme despite the challenging economic environment next year.
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