DFI function is to provide long term funds/loan especially in manufacturing and agriculture sector. DFI funded by state or federal government and governed by the Development Financial Institutions Act 2002.
There are six DFI in Malaysia:-
1) Bank Pembangunan Malaysia Berhad
2) SME Bank
3) Export-Import Bank of Malaysia Bhd
4) Bank Rakyat
5) Bank Simpanan Nasional
6) Agrobank
Other DFIs
1) MIDF Berhad
2) CGC
3) Lembaga Tabung Haji
4) Sabah Development Bank Berhad
5) Sabah Credit Corporation Berhad
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Hi, My name is David and me and my partner would like to start up a business related in the agricultural industry. I would like to find out how can we get a loan to start up the business and which bank provides loan to starters in this industry.
ReplyDeleteI am really keen into this.
thank you
pls e mail me at > devilmatrix_7@yahoo.com.my
Hi David,
ReplyDeleteYou can go to Agrobank becasue they provide more facilities in agrobase sector.
Thanks