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PETALING JAYA: Credit Guarantee Corp (M) Bhd (CGC) has signed a joint-venture (JV) agreement with Dun Bradstreet Malaysia Sdn Bhd (DB) and the Association of Banks in Malaysia (ABM) through ABM Investments Sdn Bhd to become shareholders in the SME Credit Bureau Sdn Bhd.
KUALA LUMPUR: The Association of Banks in Malaysia (ABM) has advised the public to ignore calls purportedly being made from banks about outstanding loan amounts or seeking confirmation on credit card transactions.
KUALA LUMPUR: The Association of Banks in Malaysia (ABM) has reiterated that its members, which comprise the commercial banks operating in Malaysia, have remained supportive towards providing housing loans to eligible house buyers, including the first-time house buyers and affordable segments.
KUALA LUMPUR: Loans approved by banks are assessed stringently and in accordance to their internal approving guidelines and procedures, according to the Association of Banks Malaysia (ABM).
KUALA LUMPUR: The Association of Banks in Malaysia (ABM) has urged first-time home buyers to consider applying for government schemes such as My First Home Scheme (SRP) for assistance in property purchase.
The Association of Banks in Malaysia (ABM) said contrary to the perception that lending is being limited, there had, in fact, been an overall increase in small and medium enterprises (SMEs) loans approved was at Dec 31, 2008 compared with a year ago.