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PETALING JAYA: In the wake of increasing pressure on banks to relax lending rules, the Association of Banks in Malaysia (ABM) is asking first time home buyers to consider applying for Government schemes such as “Skim Rumah Pertamaku” (SRP) for assistance in their property purchase.
A REVAMP of the 36-year-old Association of Banks in Malaysia (ABM) is under way that will place it more in line with the current focus on consumer affairs and market conduct.
KUALA LUMPUR: The Association of Banks in Malaysia (ABM) member banks are remaining supportive in providing access to financing to small and medium enterprises (SMEs) that have been adversely affected by the outbreak of Covid-19.
KUALA LUMPUR: Banking institutions are ready to assist borrowers/customers in areas which are under conditional Movement Control Order (CMCO) or enhanced MCO (EMCO).
KUCHING: ABM Fujiya Bhd (Afujiya) is teaming up with China’s JuJiang Power Technology Co Ltd (JuJiang) in a multi-million ringgit joint venture plant project to manufacture enhanced flooded batteries in Demak Laut Industrial Park here.
PETALING JAYA: The banking industry is urging borrowers and customers who are facing financial difficulties in servicing their commitments to reach out to their respective banks as soon as possible between Aug 7 and Sept 7.
KUALA LUMPUR: The Association of Banks in Malaysia (ABM) refutes a news report’s claim of a 60% car loan rejection rate, saying the approval rate in the first nine months of the year remained the same as last year’s, at 68%.
The Association of Banks in Malaysia (ABM) says there is no credit crunch in the country and that the banking sector remains strong and well capitalised despite the turmoil in the global financial markets.