Bank Pembangunan allowed to allocate up to RM7.3 bil towards high-impact development projects, says CEO

KUALA LUMPUR (Oct 17): The just-announced Budget 2024 has mandated Bank Pembangunan Malaysia Bhd (BPMB) to allocate up to RM7.3 billion of targeted financing towards high-impact development projects.

Its group chief executive officer, Roni Abdulwahab, said the allocation will be done through eight strategic schemes to provide essential equity and working capital support to Malaysian…

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