![Government-backed loans provide lifeline for Malaysian businesses Government-backed loans provide lifeline for Malaysian businesses](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-06/61718863582_EdisonChongWeiKit.jpg)
Government-backed loans provide lifeline for Malaysian businesses
Securing financing is essential for business growth and Term Loans under the Madani programme are a popular choice in Malaysia.
Thu Jun 20 2024
![Astro secures RM400 mil term loan facility from SMBC Astro secures RM400 mil term loan facility from SMBC](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-06/61687171316_AstroLogo.jpg)
Astro secures RM400 mil term loan facility from SMBC
The term loan is available for multiple drawdowns and the first drawdown shall be made within 3 months from the date of the Facility Agreement.
Mon Aug 14 2023
![1MDB settles RM3 billion balance of syndicated loan 1MDB settles RM3 billion balance of syndicated loan](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2015-12/41450419647_ONEMDB.jpg)
1MDB settles RM3 billion balance of syndicated loan
1Malaysia Development Bhds (1MDB) subsidiary, Powertek Investment Holdings Sdn Bhd, has fully settled the remaining RM3 billion of a RM3.5 billion Syndicated Term Loan facility.
Fri Apr 01 2016
![1MDB unit settles RM700 mln syndicated term loan facility 1MDB unit settles RM700 mln syndicated term loan facility](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2016-03/51458873257_RalEdraEnergy.jpg)
1MDB unit settles RM700 mln syndicated term loan facility
This debt repayment and overall debt reduction is a tangible result of 1MDBs successful rationalisation plan.
Fri Mar 25 2016
![BDB Land, Maybank ink RM280 mil financing deal BDB Land, Maybank ink RM280 mil financing deal](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2015-08/51439459292_CDB.jpg)
BDB Land, Maybank ink RM280 mil financing deal
The Term Loan Financing Facility was for the construction cost and development expenses for the re-development of Bandar Darulaman.
Thu Aug 13 2015
![EU approves emergency loan to Greece EU approves emergency loan to Greece](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2015-07/81437148822_GREECE.jpg)
EU approves emergency loan to Greece
The EU approved a short-term loan of 7.16 billion euros ($7.8 billion) to Greece allowing it to meet a huge payment to the ECB and repay the IMF while a new bailout is still being ratified.
Fri Jul 17 2015