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RETAIL BANKING | Cesar Tordesillas, Malaysia

Association of Banks in Malaysia to host dialogues in Sabah, Sarawak

The Association of Banks in Malaysia is sharing ideas with SMEs, business organisations and banks in Sabah and Sarawak through dialogue.

"It's timely to return to the two states to share recent developments with regard to SME financing and to get views and perspectives from SMEs on commercial banking-related matters," said ABM Executive Director Chuah Mei Lin.

She said the response from various organisations for the dialogue in Kota Kinabalu, which was jointly organised by Bank Negara and ABM, was encouraging with a turnout of more than 80 representatives including the participation of all member banks with presence in the state.

Bank Negara, Credit Guarantee Corporation Malaysia Bhd and SME Corp Malaysia presented on topics such as the spectrum of financing options available for SMEs and businesses as well as how they would be able to benefit from the SME Masterplan which was recently unveiled by SME Corp.

Chuah said the dialogue provided an excellent avenue for the business community to share with the commercial banking sector its suggestions and ideas for better collaborations going forward, she said.

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