Hong Leong Bank has formed a collaboration with the Malaysian Investment Development Authority, pledging to support the overall investment ecosystem and provide comprehensive financing and banking services for businesses entering the Malaysian market.
Malaysia has approved RM329.5 billion in investments across various economic sectors for the year 2023. Boosted by this recent injection of investments and a robust economic framework, the government hopes to elevate Malaysia’s standing on the global stage, establishing the country as a prime investment destination by ensuring a seamless and integrated investment process.
HLB formalised this collaboration with MIDA through the signing of a Memorandum of Understanding (MOU), signifying the establishment of a mutually beneficial strategic alliance of continuous engagement and business between the two parties.
