Bank Pembangunan Malaysia Berhad (BPMB;
English
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: ''Malaysia Development Bank Limited'', formerly known as Bank Pembangunan dan Infrastruktur Malaysia or ''Malaysia Infrastructure and Development Bank''), also known simply as Bank Pembangunan is a
development bank
Development finance institution (DFI), also known as a Development bank, is a financial institution that provides risk capital for economic development projects on a non-commercial basis.
DFIs are often established and owned by governments or ...
in Malaysia.
Established in 1973, the bank's activities are to provide medium to long-term financing to capital-intensive industries, which include infrastructure projects, maritime and high technology sectors and making a number of strategic investments.
It is owned by the
Minister of Finance Incorporated.
History
Bank Pembangunan was established under the
Malaysian Companies Act 1965 on 28 November 1973,
with its initial objective was to assist entrepreneurs involved in small and medium-sized industries through the provision of various financing facilities, training and entrepreneurial advisory services.
In addition to providing direct financing, Bank Pembangunan through its subsidiaries and associated companies facilitates the growth of Malaysia's strategic economic sector.
In 2019, Bank Pembangunan and Danajamin receive approval from
Bank Negara Malaysia
The Central Bank of Malaysia (BNM; ; Jawi: ) is the Malaysian central bank. Established on 26 January 1959 as the Central Bank of Malaya (''Bank Negara Tanah Melayu''), its main purpose is to issue currency, act as the banker and advisor to the ...
on account of merger plans. Bank Pembangunan asset is estimated to be RM 26.6 billion.
In 2020, the bank was one of list of banks to provide assistance to customers whose business operations affected by the
COVID-19 pandemic
The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December ...
.
On 1 May 2025, Bank Pembangunan completes the acquisition of EXIM Bank Malaysia and
SME Bank.
See also
*
List of banks in Malaysia
Central Bank
* Bank Negara Malaysia (The Central Bank of Malaysia)
Top largest banks in Malaysia
Malaysian national nationwide banks Commercial banks
* Affin Bank
* Alliance Bank
* AmBank
* CIMB
* Hong Leong Bank
* Maybank
* Public Ban ...
Notes
References
External links
* {{Official website, www.bpmb.com.my
Banks of Malaysia
Banks established in 1973
Companies based in Kuala Lumpur
Minister of Finance (Incorporated) (Malaysia)
Malaysian companies established in 1973
1973 establishments in Malaysia