Bank Muamalat allocates RM500mil financing to help Industry 4.0 vendors


From left: Malaysia Automotive, Robotics and IoT Institute (MARii) deputy CEO Azhar Taib, MARii CEO Datuk Madani Sahari, Bank Muamalat CEO Khairul Kamarudin and Bank Muamalat business banking division head Nor Hamidah Abu Bakar.

KUALA LUMPUR: Bank Muamalat Malaysia Bhd is allocating RM500 million in financing facilities to assist vendors in business and technology development in line with Industry 4.0.

The financing package will be offered through a structured programme with attractive rates to facilitate the target companies' potential in line with their customers' business expansion.

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Monthly Plan

RM 13.90/month

RM 9.73/month

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Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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Bank Muamalat , OEMs , vendor financing , IoT , MARii , Automotive

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