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The Financing


1

Purpose of financing

 

To support the development of infrastructure projects in various sub-sectors such as transportation, regional development, utilities and amenities.


2

Margin of financing

 

Maximum 80% of project cost.


3

Tenure of Loan

 

Maximum of 20 years, excluding a maximum grace period of 5 years.


4

Interest rate

 

ECOF + 2.5% (maximum)


5

Security

 

First fixed charge on the items financed.

Fixed and floating charge on all assets of the company.

Guarantee by shareholders/directors/corporate.

Assignment of project contracts and insurance benefits.

Assignment over specific accounts

Any other security deemed necessary.


Financing Amount


Minimum : RM 10.0 million (for infrastructure projects).

Maximum : Up to Single Customer Limit (SCL)


Eligibility Criteria


The applicant must be majority-owned by Malaysians (at least 51%) and registered in Malaysia.

Project must be of national strategic importance (Project Financing) and located in Malaysia.

Company must be awarded projects by Federal (or other Authorities and highly rated companies) as agreed by the Bank from time to time (Contract Financing)


Target Sectors - Infrastructure