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COLLATERAL would not be Malayan Banking Bhd#039;s (Maybank) principal criteria for approving loan applications by small- and medium-sized industries (SMIs) as greater emphasis would be placed on business viability, realistic business plans, business environment and competition.
In a contentious House of Representative hearing on Wednesday, sceptical lawmakers questioned whether federal regulators are prepared to impose tighter controls over credit-rating agencies, a powerful yet largely overlooked business.
WITH fierce battles now raging in Iraq, this must be the first time that Bank Negara has had to issue its report and economic forecast for the year in the context of a war scenario, fraught with all the uncertainties and imponderables that war generates.
LOAN applications and approvals in 2002 were the highest level recorded in value terms in five years, with total loans disbursed amounting to RM412bil, the highest since 1997.