Kuala Lumpur, Malaysia – May 1, 2025: – Bank Pembangunan Malaysia Berhad (BPMB), a member of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP), has formally completed its acquisition of shares of Export-Import Bank of Malaysia Berhad (EXIM Bank) and Small and Medium Enterprise Development Bank Malaysia Berhad (SME Bank) from the Minister of Finance (Incorporated) (MOF Inc.).

Creating a Unified Force in Development Finance

This strategic consolidation establishes BPMB Group as Malaysia’s most comprehensive development finance ecosystem, bringing together complementary strengths under one unified structure. The integration marks a significant reset of Malaysia’s development finance landscape, enabling greater synergies and impact across all economic sectors.

Enhanced Capabilities for National Development

The consolidated BPMB Group now offers an unparalleled range of development finance solutions, including:

– Integrated trade financing through EXIM Bank’s specialized capabilities
– Comprehensive SME support via SME Bank’s extensive network
– Strategic project financing leveraging BPMB’s development expertise

This merger aligns perfectly with the government’s vision of creating more efficient, impactful development financial institutions. The combined entity is better positioned to:

– Accelerate Malaysia’s industrial transformation
– Strengthen economic resilience
– Support sustainable development goals
– Enhance Malaysia’s regional economic integration

A New Chapter for Malaysian Development Finance

The unified BPMB Group represents a new model for development finance in Malaysia, combining scale with specialization to deliver greater value to businesses and the economy. The Group remains committed to its core mission of driving inclusive, sustainable growth while adapting to Malaysia’s evolving economic needs.