KUALA LUMPUR, Feb 22 (Bernama) — PETRONAS is collaborating with another five financial institutions in the country to provide financial solutions to Oil & Gas Services and Equipment (OGSE) vendors, via the Vendor Financing Programme for subcontractors, mid-tier and large companies in the sector.
PETRONAS presented Memorandums of Understanding (MoUs) on the programme to five banks, namely Export-Import Bank of Malaysia Berhad, HSBC Bank Malaysia Berhad, Maybank, RHB Islamic Bank Berhad and United Overseas Bank (Malaysia) Bhd.