IN SUPPORTING the educational pursuits of Malaysians, BAC Education Group (BAC) and MBSB Bank Bhd (MBSB Bank), have forged a partnership to provide financial assistance to students. The partnership will give BAC students better access to MBSB Bank’s education financing facility, known as MBSB Bank Education Financing-i (EduFin-i).
EduFin-i, which comes with a host of benefits such as flexible financing tenure, competitive financing rate and joint applicant financing, helps ease the financial constraints of parents while their children pursue tertiary education.
BAC Education’s co-founder and managing director Raja Singham said, “Education is one of the most important investments in a person’s life and at BAC, we believe in transforming lives through education.
“This alliance between MBSB Bank and BAC will enable more people to pursue their dreams of higher education and develop their skills, with both personal and economic benefits, especially for those who would otherwise not be able to afford it.”
MBSB Bank chief executive officer Datuk Nor Azam M. Taib said, “Higher learning institutions play a pivotal role in advancing young individuals as these institutions provide specialised skills training and teach them to think critically and be innovative.
“Most importantly, higher learning institutions can further enhance the pool of skilled professionals in the nation and contribute to the country’s socio-economic growth.
“This is why MBSB Bank’s strategic alliance with BAC carries a lot of potential in developing various programmes that will benefit not only the two parties, but also the community.”
