Mobile banks and agents in rural areas

KUCHING: The Ministry of Finance and Bank Negara Malaysia (BNM) are aware of the need for access to finance in rural areas. According to a news report from the Sarawak Public Communication Unit (UKAS), its minister Datuk Seri Anwar Ibrahim said, the decision of a financial institution to open a bank branch or place a […]

Govt allocates additional RM1.1 bln fund for microcredit financing

KUALA LUMPUR: The government will continue the microcredit financing programme with an additional fund of up to RM1.1 billion to pursue support for micro businesses, Tan Sri Muhyiddin Yassin said. The prime minister said the easy financing scheme would be provided by AgroBank and Bank Simpanan Nasional Bhd (BSN), each amounting to RM500 million, and […]