We would like to thank the government for tabling the RM322.5 billion Budget 2021 with Rakyat-friendly incentives and various other timely and much needed stimulus measures to revitalise the economy.
The additional measures to ease the impact of COVID-19 on the Rakyat and businesses are of particular significance and importance.
We at BPMB are honoured to be given the responsibility to be part of this development agenda through the National Development Scheme, the Maritime & Logistics Scheme, the Sustainable Development Scheme, the Tourism Infrastructure Scheme and the Public Transportation Scheme.
We also support the government’s move to empower Bumiputera entrepreneurs through BPMB, among others, by introducing capacity building programmes to reduce disparity between the races. The decision to extend the Digitalisation Transformation Scheme will help stimulate digitalisation initiatives with availability of funds until 31 December 2023. We believe these financial support programmes are timely and effective in catalysing national economic recovery.
ENDS
About Bank Pembangunan
Bank Pembangunan Malaysia Berhad (Bank Pembangunan) was incorporated on 28 November 1973 with a role in the development of the Malaysian economy by assisting entrepreneurs involved in small and medium-sized industries through the provision of various financing facilities, training and advisory services, particularly to Bumiputera entrepreneurs. Today, BPMB is providing medium to long-term financing to the strategic sectors of the economy.
Owned by Minister of Finance Incorporated, BPMB has been accorded the highest rating ‘AAA’ by both RAM Rating Services Berhad (RAM) and Malaysia Rating Corporation Berhad (MARC). It is regulated and supervised by Bank Negara Malaysia under the Development Financial Institution Act 2002.
With a Group Total Assets value of RM25 billion (as at 31 December 2019), the Bank Pembangunan Malaysia Berhad Group is well-positioned to meet the financing and business development needs of Malaysian businesses.
For more information, please contact:
Anita Ramly
Head, Corporate Communications
Bank Pembangunan Malaysia Berhad
Tel: (03) 2611 3346
HP: (019) 332 4809
Email: ym.moc.bmpb@ylmar.atina
Izzat Ratna
Senior Executive, Corporate Communications
Bank Pembangunan Malaysia Berhad
HP: (012) 642 1889
Email: ym.moc.bmpb@tazzi