Malaysia Development Bank
{{Infobox company
| name = Bank Pembangunan Malaysia Berhad
| former_name = Bank Pembangunan dan Infrastruktur Malaysia (1998–2005){{efn|The Bank was initially known as Bank Pembangunan Malaysia Berhad in 1973, later renamed as Bank Pembangunan dan Infrastruktur Malaysia Berhad in 1998. The bank reverted to its original name in 2005.}}
| logo = BPMB logo.svg
| logo_caption =
| image =
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| type = Public
| traded_as =
| industry = {{ubl|Banking|Financial services}}
| founded = {{start date and age|df=y|1973|11|28}}
| founder =
| key_people = {{plainlist|
- Roni Abdul Wahab (Group CEO)
- Tan Sri Mohamed Nazir Abdul Razak (Chairman){{cite web|url=https://www.nst.com.my/business/2021/04/684515/bank-pembangunan-appoints-nazir-chairman|title=Bank Pembangunan looks start afresh 'as soon as possible', says Zaiton|author=Wong Ee Lin|publisher=The Edge Markets|date=7 March 2019|accessdate=24 May 2020}}
}}
| hq_location_city = Kuala Lumpur
| hq_location_country = Malaysia
| area_served = Nationwide
| products =
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| revenue_year =
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| owner = Minister of Finance Incorporated
| subsid =
| website = {{URL|www.bpmb.com.my}}
}}
Bank Pembangunan Malaysia Berhad (BPMB; English: 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 in Malaysia.{{cite web|url=https://www.bpmb.com.my/corporate-info|title=BPMB: Corporate Info|publisher=Bank Pembangunan Malaysia Berhad|accessdate=30 April 2017}} 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.{{cite web|url=https://www.theedgemarkets.com/article/newsbreak-changes-helm-bank-pembangunan|title=Newsbreak: Changes at the helm of Bank Pembangunan|author=|publisher=The Edge Markets|date=22 October 2018|accessdate=30 April 2019}}
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.{{cite web|url=https://www.theedgemarkets.com/article/bank-pembangunan-looks-start-afresh-after-scandal|title=Bank Pembangunan looks start afresh after scandal|author=Adeline Paul Raj|publisher=The Edge Markets|date=8 October 2019|accessdate=30 April 2020}}
In 2019, Bank Pembangunan and Danajamin receive approval from Bank Negara Malaysia on account of merger plans.{{cite web|url=https://www.thestar.com.my/business/business-news/2019/12/23/bank-pembangunan-danajamin-receive-bnm-approval-for-merger-talks|title=Bank Pembangunan, Danajamin receives BNM approval for merger talks|author=|work=The Star Online|date=23 December 2019|accessdate=30 April 2020}} 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.{{cite web|url=https://www.theedgemarkets.com/article/bank-pembangunan-joins-growing-list-banks-helping-customers-affected-wuhan-virus-outbreak|title=Bank Pembangunan joins growing list of banks helping customers affected by Wuhan virus outbreak|author=Emir Zainul|publisher=The Edge Markets|date=10 February 2020|accessdate=24 May 2020}}
On 1 May 2025, Bank Pembangunan completes the acquisition of EXIM Bank Malaysia and SME Bank.{{cite news|url=https://www.thestar.com.my/business/business-news/2025/05/01/bank-pembangunan-completes-acquisition-of-exim-bank-sme-bank|title=Bank Pembangunan completes acquisition of Exim Bank, SME Bank|publisher=The Star Online|date=1 May 2025|accessdate=12 May 2025}}
See also
Notes
{{Notelist}}
References
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