BPMB Group to spearhead over RM9bil in strategic initiatives under Budget 2026


KUALA LUMPUR: Bank Pembangunan Malaysia Bhd (BPMB) will spearhead over RM9 billion worth of strategic initiatives under Budget 2026 to drive the MADANI Economy vision through impact-driven financing, export facilitation and micro, small and medium enterprises (MSMEs) ecosystem development.

Together with its subsidiaries, Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) and Export-Import Bank of Malaysia Bhd (EXIM Bank), the group will roll out new financing programmes aimed at promoting growth in high-impact sectors and supporting national priorities.

These includes the Semiconductor Financing Programme (RM500 million), MADANI Development Programme (RM3 billion) and Urban Renewal and Tourism Programme (RM1 billion).

"These new mandates complement and strengthen BPMB’s existing programmes, which have a continued total allocation of over RM2 billion across key sectors.

"These include transportation and logistics; renewable energy and transition; sustainable development and transition; Bumiputera economic development; digital infrastructure and high-impact sectors, as well as capital access,” the bank said.

Meanwhile, SME Bank will continue to strengthen the MSMEs ecosystem through targeted financing and capacity-building programmes designed to enhance competitiveness, resilience, and innovation.

These includes Skim Pemacu Koperasi (RM100 million), Dana Induk Payung (RM200 million), Technology Adoption Fund (RM300 million), Dana Pemangkin Ekosistem IBS 3.0 (RM200 million), Maju Usahawan MADANI 2.0 (RM2 million grant) and Business Exports Programme (RM6 million grant).

EXIM Bank, on the other hand, will continue to reinforce Malaysia’s global trade position through the Skim Eksport Lonjakan (RM500 million) and the Malaysia Global Connect (MGC Go Export Cover) (RM5 million) initiatives. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Revenue IF inks agreement with ATT to explore payment, RMB bond projects
Malakoff awards RM34.39mil transmission works contract to MMC Engineering
Maxis to buy Astro broadband assets for up to RM83mil
KTI Landmark, TAR UMT ink MoU to explore student housing in Kota Kinabalu
Ni Hsin delivers first batch of 43 SURRON electric motorcycles to Chinese partner
Minimum wage exemption in Budget 2027 to help MSMEs adjust recruitment, salaries - SME Corp
Yinson Production achieves first oil at Vietnam’s Lac Da Vang field ahead of schedule
Ringgit ends easier vs US dollar amid AI-related share price concerns
Redtone appoints Robin Tan as executive deputy chairman
U Mobile, MRT Corp ink MoU to provide 5G coverage at RTS Link complex

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read