How Do I Sign California Banking Document

How do i industry sign banking california document online

good morning ladies and gentlemen we hope everyone has been keeping safe the cmco welcome to the amban group's malaysia budget talk where we discuss the budget 2021 in depth and talk about the overall outlook on impact of the recently announced budget to businesses our speakers will touch specifically on three topics for your info there is a slight change on a change of topic sequence we will start with helping businesses during the kobit 19 pandemic mr christopher yap will be discussing on what and how and bank is able to help businesses through this challenging period we also have dr anthony das to talk about malaysia budget 2021 specifically economic and industry outlook last but not least mr johnson khalid will be sharing his insight on 2021 currency outlook before we begin let's hear welcoming remarks from mr mr christopher the managing director for business banking of m bank group he is also first presenter with the topic helping businesses during the kobe 19 pandemic mr christopher brings with him more than 20 years of experience in the financial services industry with specific focus on the sme and commercial segments he's now taking charge of m bank strategy development and execution to expand the group's presence and market share in the entrepreneurial and sme sector through market responsive products business efficiency solutions and service excellence one of the key initiatives to accelerate entrepreneur entrepreneurial development is by introducing the embank base club platform and aimed to help grow and nurture smes equipping them with the fundamentals to achieve sustained success without further delay let's hear it from mr christopher yeah thank you thank you and good morning everyone uh first of all uh i would like to also thank dr anthony tess our chief economist and head of i'm bank research dr anthony das is is not a medical doctor but a phd holder so he's my good friend and colleague secondly also good morning to uh in check jam cd khalid or popularly known as jk he's a deputy md of wholesale banking and of course head of group treasury and markets and of course a very good morning to all our clients and customers that join us this morning thank you for taking your time off to attend this budget talk that organized by mbank this year has been extremely challenging for the bank as well as for the clients out there uh due to the uh calamity caused by the kovit 19 pandemic and we are still going through the cmco right now and globally has resulted a lot of crises crisis uh economically uh halt the production and due to the lockdown earlier of the year a lot of businesses cannot be operating and also that actually gave us a lot of uncertainties so in mbank we always aim to go beyond financing in assisting our customers hope that we want to help our clients to strive post copy 19 which we are still going through right now so i think we really need to prepare ourselves that's why we have this session to introduce what are the initiative that we have in place to assist our customers to strive and drive post copy 19. so today uh just let me share with you some of the initiative in mbank that we are we have put in place to assist our customers in helping uh to to navigate due to this through this difficult time right so according to uh the survey conducted by eui the impact of kovit 19 on businesses are in many fronts especially in the areas that highlighted in the slides first of all on the left hand side if you see financial is a main concern where you have delays in receivables of course payment to vendors as well as customers that are not operating they are not able to have the sales and that will also have significant burden to their financials moving on top technology is one issue because of the lockdown there is a difficulty to communicate with customers and suppliers traditionally their suppliers and customers used to come to the shop or to the offices but due to the lockdown a lot of this initiative cannot be happening and also there's insufficient work from home connectivity and insufficient infrastructure that's number two number three on the right hand side is the customer's demand which significantly reduced due to the lockdown and insufficient access to the customers supply chain at the bottom is also impacted significantly delay in shipping and delay in receiving supplies and of course due to lower sales there's accumulation on the inventory on the bottom left people is also significantly impacted due to operational downtime delay in projects and tasks and of course development in training these are the five main areas that is based on ey is significantly impacting the businesses in the korvik 19 situation now what businesses need is really to maintain the financial relief of course maintaining the cash flow keep the company running the initiative and assistance that needed by the businesses are tax production loan relief and grant assistance which i will go through in more details later on in terms of technology people and supply chain they are also significant measures that you need to accept digital documents clear clear making guidelines and online training for the clients and last is the return to normalcy where the businesses need to continue with the removal of mco restriction in mbang if you see on the right side of the slides we have given financial relief to to customers through the six months monitoring for smes and individual we also have given the repayment assistance packages which i will go through later on the financial schemes that is provided by the government and channel through the banks are special relief facilities in a tune of 10 billion ringgit the panjana financing scheme dhana german preheating which is still going on the government guarantee scheme which is the pre-huttin the cgc loan and the uh latest rollout to be rolled out is the targeted relief and recovery fund we call it trrf in a tune of 2 billion so if you see the financial schemes that's provided there are many schemes targeted for businesses out there from the small businesses to even to larger enterprises through various schemes that listed in the slides in terms of technology solution uh mbang has provided mxs bits to allow customers to transact more efficiently in conducting their business with the bank and as well as their customers and suppliers we have also created something called m-bank bishub which i will explain in a little bit more details later on on how do we assist customers to onboard the e-commerce journey and another initiative is the digital onboarding to allow customers to open account with us without even have to go to the branch and to meet anybody for business transformation we have come up with initiative of m bank base race these are the new norm of the business driving industrial revolution 4.0 how do we help our customers to embark on the digitalization journey as well as how do we help us our customers to move into the halal segment which is something that is underpenetrated and of course we have the embankments hub which a marketplace backed by a commercial bank to allow customers to trade online without even having their own website now some of the statistics that i would like to share with all of you for mbank total sm is that we have given six months monitoring close to about 17 billion in terms of loan amount and that benefits about 7 500 customers in mbank and in the financing scheme that we have provided we have given the special relief facilities that is given by bank nagara channel through the banks panjana sme financing banjana tourism financing especially for the tourism industries that is badly impacted than a german loans guaranteed by ministry of finance government government guarantee schemes as well as pre-hearted so total amount that we have given to smes and businesses out there is about in tune of two billion ringgit and that is benefiting about two thousand over customers so these are the numbers that we have actually given out to our customers out there in terms of the moratorium as well as the additional financing due to the covet 19 situation i go through a little bit details in terms of the schemes that is provided by the government channel to the banks for example the first on the left hand side is the banjana scheme financing scheme strictly for the smes that is affected by kobe 19 and these are the micro enterprises in the tourism industries those customers have applied for the special relief funds are not eligible for these funds and these are really for the segment that is impacted on the tourism side so this scheme that has total amount of 2 billion ringgit and each business business can actually apply up to 500 000 and for up to five years the punjab tourism financing is another one billion a location up to three hundred thousand ringgit and up to seven years with the interest rate of three point five percent and these are guaranteed by cgc with this 90 guaranteed cover so if you are interested in the punjab financing scheme please contact the bank or contact your relationship manager on the middle column which is the dhana german preheating these are for the non-smes which are for the bigger customers that is impacted and these are the financing amount up to 20 million ringgate right and maximum financing of 400 million and 80 percent fund is also guaranteed up to five years so this is also another uh scheme that guaranteed by the government and if you are in this category and you are interested to apply for the dhana jamming preheating also contact the bank or contact your relationship manager in the middle column you have the government guarantee scheme preheating another category of smes affected by kobe 19 situation and these are up to 20 million so if you have above 20 million you go for the dhana jamin up to 20 million you go for the government guarantee scheme we call it ggs free hunting and this is also 80 guaranteed by the government as well the latest one that is announced by the ministry of finance during the budget is the trrf which is the targeted reliefs and recovery financing a new fund of two billion ringgit for customers that didn't apply for any of the schemes banjana dynajamin preheating or special relief funds that face the situation right now they can still apply for the trrf which is up to 500 000 for smes and 75 000 for the micro enterprises with the tenant up to seven years interest rate is also again at 3.5 percent and these are also government guaranteed of 80 so these are the amount that is or these are the schemes that's given by the government but in mbank on the last column we initiated our own cgc loan for the smes that need to sustain even though if you applied for any of the special relief funds earlier you can still apply for the cgc loan that is administered by mbank which we give up for financing of one million with the tenant up to 70 years seven years and the uh these are also guaranteed by the cgc so all these schemes that customers need to apply uh you can actually contact your regulation manager there's no need to provide any collateral we will actually obtain the government guarantee for you and the funds will be dispersed to your account once it's approved so uh if you are interested please contact your origination manager or email to the email address that is given to you at the bottom of the screen so in really helping our businesses to future-proof their business uh mbank uh again like i mentioned we really want to aim to go beyond financing in assisting our customers for example m access base is a new internet banking that we have rolled out to smes out there to allow customers to transact online and you can do all your transactions either remittance or foreign exchange through mxsbs we have also created a marketplace called bishop where customers can put their product online and they can actually sell to all the customers within bank this is a marketplace that is created for customers to have access to the mbank ecosystem where you can access through hundred thousand of smes within the mba ecosystem this is something that we have done and if you are keen to list your product in mbank bitsharp you can contact your relationship manager as well and finally the last initiative is the digital onboarding we are rolling out um a program called uh digital onboarding where you can apply uh or you can open an account with mbank without coming into the branch or will be done online and it will be a seamless contactless application where you can actually just open an account regardless in any location as long as you have access to the internet so this is something that will be rolling out very soon to the customers out there a screenshot on the beast hub some of the things that we have done currently is very active with a lot of customers putting their products online so you do not have to invest in your own e-commerce platform you do not have to hire a consultant to build a website for you all you need to do is contact your registrar manager and we will have a team of people to contact you to list your product online and you can start trading buying and selling online as well this is the mba bits hub again on the right side is the mxs base where you can transact your account online other remittances monitor your incoming funds or even do a foreign exchange thanks so um to assist our customers um to to um uh strive and thrive this corporate situation we have organized virtual conferences we have done about 26 webinar sessions to our customers focusing on industries 4.0 digitalization hala business as well as capital markets for customers are interested to tap on the capital markets instead of traditional loan we have also created embankments raised for customers that would like to apply for some grants from the meeting the minister of international trade or mdec to onboard their digitalization this is something that we have done and the online marketplace i've mentioned earlier is to allow customers to embark on a digital journey without even even have to build their own e-commerce website the three main area that we have developed for the m-band-based race is the industry 4.0 these are really for the manufacturer and the manufacturing related services throughout our communication with customers as well as the businesses out there they are insufficient investment into industry 4.0 to uh things like adopting sensors or to actually prevent a shutdown or time in their manufacturing line so industry 4.0 is an area that we want to introduce to the manufacturers out there to embark on this journey and with this you can actually apply for a grant from miti and if you participate in the base race uh in the industry 4.0 track you can actually sign up and we have a team of experts to help you to apply for grant from the meeting as well as adopting ir 4.0 into your manufacturing plan the middle column is the digitalization together we work with mdec another government agency to help our businesses to drive into digitalization how do we embark on the new journey of besides brick and mortar you can have another channel of your sales by going to e-commerce also there are grants available under m-dec and if you participate in this race under digitalization we also have a team of people to help you to apply for this grant from mdec and the halal segment is the final segment and there were a lot of misconception on the halal segment where a lot of businesses or consumers think halal is only for the food sector but actually section covers a lot of non-food sector as well including transportation and whatnot so if you participate in the halal industries we will actually work with you to apply for the halal certification and we are partnering jacquim for this section so please do sign up for this biz race and you can have people talking to you either in industry 4.0 digitalization as well as the halal industries so an m bank is really our aim to help businesses to go beyond financing while we disburse loans and provide products and services for you we are trying to go beyond that by helping businesses strive and thrive during this typical situation because we think businesses need to move instead of adopting a wait and see attitude at this current very moment so th t are the initiative that we have done um i will now you also hear from my colleague and anthony das excellence in uh jam cd khalid in their own presentation so i wish all of you to have a very productive session and thank you thank you mr christopher mr christopher won't be able to stay for the q a session however you have any questions regarding financing you may speak to your relationship manager or email business banking at mbankgroup.com that's business that's business banking at ambanggroup.com