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2012 Annual Conference and the 1st African SPM Conference
from 24/09/2012 to 29/09/2012
Kampala (Uganda)
The Africa Microfinance Network (AFMIN) will organize its 11th Annual Conference
and the 1st African SPM Conference in Kampala, Uganda, from September 24th to 29th, 2012
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International Banks Can Now Finance Microcredit in Malaysia
July 17, 2009
IPOH, July 12 (Newstraitstimes)- The Finance Ministry has allowed international banks operating in Malaysia to provide micro-credit financing, said Finance Minister II, Datuk Seri Ahmad Husni Hanadzlah.
He said each of the banks would be allowed to open 10 branches nationwide for the purpose.
"This policy was approved by the Finance Ministry recently and I have been made to understand that the micro-credit financing centres will be made available soon. The move is aimed at helping small players grow their businesses," he told reporters after handing over the keys to Medan Klebang Restu Jamek mosque here today.
He said this move is an additional bonus to the RM150 million allocated to the TEKUN fund to assist small entreprenuers as announced by Prime Minister Datuk Seri Najib Tun Razak yesterday.
Ahmad Husni is also the Member of Parliament for Tambun. - BERNAMAOTHER NEWS
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- Press Release of 10th AFMIN Annual Conference
