LATEST NEWS   The investment is similar to what other countries have undertaken to facilitate the restructuring of their critical industry players like Singapore's Sembcorp and South Korea's Daewoo Shipbuilding - PNB | The investment is critical in facilitating the completion of one of the largest debt restructuring exercises in Malaysia, involving some of the largest banks - PNB | The investment will help prevent the liquidation of SEB, which would result in the fire sale of strategic national oil and gas assets, domestically and globally - PNB | SEB has more than 2,000 vendors, many of which are SMEs employing about 59,000 core employees in the oil and gas industry - PNB | Investment by Malaysia Development Holdings Sdn Bhd in SEB will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors - PNB | 

MBSB Group Opens Commercial Banking Centre At MATRADE To Support SMEs And Mid-sized Companies

KUALA LUMPUR, Feb 28 (Bernama) -- MBSB Group has launched its Commercial Banking Centre at the head office of the Malaysia External Trade Development Corporation (MATRADE) here, further strengthening its commitment to supporting small and medium enterprises (SMEs) and mid-sized companies, particularly those expanding into international markets. 

Located within Menara MATRADE, Malaysia’s national trade promotion agency, the centre provides businesses with seamless access to financial solutions, trade advisory and strategic insights to strengthen their global competitiveness.

“The establishment of this centre within MATRADE’s office is a key step in enabling SMEs and mid-sized companies to scale internationally.

“Businesses need more than financing. They require strategic support, industry insights and seamless access to trade advisory. The presence of MBSB Group within MATRADE will catalyse businesses to explore new opportunities with confidence,” said MATRADE chairman Datuk Seri Reezal Merican Naina Merican. 

The centre offers trade financing, working capital solutions, capital expenditure (capex), financing and cash management services tailored to the needs of SMEs and mid-sized companies. 

By embedding financial expertise within MATRADE, MBSB Group aims to support businesses in leveraging new market opportunities and strengthening their resilience.

“The launch of our centre is a game changer for SMEs and mid-sized companies aspiring to grow beyond Malaysia. We recognise that businesses today need more than just financing. 

“They need a banking partner that understands their journey, anticipates their needs, and supports them every step of the way,” said MBSB Group chairman Datuk Wan Kamaruzaman Wan Ahmad.

MATRADE said the centre aligns with Malaysia’s New Industrial Master Plan 2030 (NIMP 2030), which emphasises export expansion, digitalisation and the development of high-value industries. 

MBSB Group’s expansion strategy includes Commercial Banking Centres across Malaysia, with locations in PJ Sentral, Penang, Seberang Jaya, Johor Bahru, Kuching and Kota Kinabalu, as well as new centres in Putrajaya, Shah Alam, Ipoh and Kuala Terengganu, ensuring SMEs nationwide have access to dedicated financial support.

“By fostering a more vibrant trade ecosystem, we aim to support business growth and global connectivity. 

“The launch of MBSB Group’s Commercial Banking Centre aligns with this vision, providing seamless financial solutions and trade advisory, including through digital avenues that empower Malaysian exporters in the global marketplace,” said MATRADE’s chief executive officer Datuk Mohd Mustafa Abdul Aziz.

MBSB Group encourages businesses to engage with its financial advisors at the new Commercial Banking Centre at MATRADE to explore financing, trade solutions and advisory services.

-- BERNAMA