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Page 9 - Mohd Muazzam Mohamed News Today : Breaking News, Live Updates & Top Stories | Vimarsana

iTEKAD 2 0 targets asnaf, B40 communities

BANK Muamalat Malaysia Bhd and CIMB Islamic Bank Bhd are joining Bank Islam Malaysia Bhd in the iTEKAD 2.0 programme to amplify it further to better serve the asnaf and B40 (bottom 40% income group) communities in surviving the pandemic effects.Launched in May 2020, iTEKAD offers seed capital with an affordable microfinancing arrangement to eligible applicants.It aims to empower eligible micro-entrepreneurs among asnaf and B40 individuals to achieve financial resilience, generate sustainable income, and contribute to the community.

CGS-CIMB projects banking sector s CY21 net profit to grow 2 9% even when factoring in maximum modification loss from loan moratorium

CGS-CIMB projects banking sector’s CY21 net profit to grow 2.9% even when factoring in maximum modification loss from loan moratorium The Edge 13 hrs ago Izzul Ikram © Provided by The Edge KUALA LUMPUR (July 19): CGS-CIMB Research has maintained its “overweight” call on the banking sector as it still projects net profit growth of 2.9% for CY21 even when factoring in maximum modification loss due to the automatic loan moratorium this year. The research house noted in a report today that “banks [would] have to incur modification loss due to the automatic loan moratorium but the quantum would be lower than the RM1.58 billion last year”. 

Malaysia: HDC-Bank Islam Launch RM100 Million GO Halal Fund (Go Halal SME Financing Program) - HalalFocus net

Malaysia: HDC-Bank Islam Launch RM100 Million GO Halal Fund (Go Halal SME Financing Program) - HalalFocus net
halalfocus.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from halalfocus.net Daily Mail and Mail on Sunday newspapers.

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