INTERNATIONAL BANKS ALLOWED TO PROVIDE MICRO-CREDIT FINANCING

IPOH (Malaysia), July 13 (Bernama) -- The Finance Ministry has allowed
international banks operating in Malaysia to provide micro-credit financing,
said Finance Minister II, Ahmad Husni Hanadzlah.

He said each of the banks would be allowed to open 10 branches nationwide
for the purpose.

"This policy was approved by the Finance Ministry recently and I have been
made to understand that the micro-credit financing centres will be made
available soon. The move is aimed at helping small players grow their
businesses," he told reporters in Ipoh, the capital city of northen state of
Perak in Peninsular Malaysia.



-- BERNAMA