KUALA LUMPUR, Jan 31 (Bernama) — Malaysia Debt Ventures Bhd (MDV) remained consistent in looking at ways and means to improve its customers services in order to serve them better in the future.
MDV is a premier innovative financier and development facilitator for the information and communication technology (ICT), biotechnology, green technology and other emerging technology sectors in Malaysia.
Its Chairman Tan Sri Dr Abdul Samad Alias said MDV is currently in the midst of expanding its product offering and looking at providing customised financing packages at competitive rates.
“MDV is always committed to fulfill our mission and will very much continue to assist our customers’ expansion through our innovative financial products. We believe in making our products more palatable and attractive to our clients,” he said at MDV’s 10th anniversary ceremony here today.
To date, he said MDV had approved more than RM6.3 billion worth of applications, which translated to approving loans for almost 500 companies.
“We are proud to be part of your (customers) success as we understand the challenges of finding conventional financing assistance from others due to your (customers) unique and niche product offerings,” he said.
MDV’s first fund of RM1.6 billion was sourced from the Japanese Bank of International Cooperation, through the Ministry of Finance, for the purpose of providing project financing facilities to ICT companies.
The company then expanded by launching the Biotechnology financing product in 2008 before embarking on Green Technology in 2011.
This year, MDV is looking to launch three new financing schemes, namely the Green Lane Policy Scheme, Green Technology Financing Scheme and Intellectual Property Financing Fund Scheme, with the main objective of offering the small and medium enterprises an additional edge and further improve its competitiveness in the technology sectors.
MDV Managing Director and Chief Executive Officer Datuk Md Zubir Ansori Yahaya said the company would continue to broaden its products portfolio and offer value-added solutions to its customers.
“We will consistently focus on expanding our business further and serve more and more customers. We believe that the next 10 years will be as exciting in terms of growth and innovation as the first 10,” he added.