BPMB Malaysia Development Bank Incorporated in 1973, Bank Pembangunan Malaysia Berhad (“BPMB”) is one of Malaysia’s first Development Financial Institutions (“DFIs”) and is wholly owned by the Malaysian Government through the Minister of Finance Inc.
Since inception, the Bank has been providing a path to Malaysia’s infrastructural solutions and was mandated to provide medium to long-term financing to the nation’s nascent infrastructure, maritime, oil and gas and technology sectors. With a focus on these four main sectors, BPMB has played a key role in Malaysia’s development for close to five decades.
Evolving with the nation’s progress, BPMB has evolved beyond serving the early developmental needs, shifting gears from being a provider of development finance to a catalyst for a new economy. Being sector agnostic, the Bank has expanded its focus from the four sectors mandated during inception. BPMB is now aligning its strategies with the Government’s initiatives on Sustainability, Digitalisation and Technology. In addition to financial viability, the Bank is setting its sights firmly on impactful projects, pursuing the shift towards impact assessment, regardless of sector.