• Contract Financing programme is a financing package based on product bundling concept of financing facilities which are already available in the Bank
• This financing programme is for customers who are Main Contractors or Nominated Sub-Contractors having secured contract(s) from approved awarding parties mainly government ministries, departments and agencies

Purpose

• Working Capital
• Bank Guarantee

Eligibility

• Applicant must be the Main Contractor or Nominated Sub-Contractor.
• Applicant must be registered with either of the following :
  • Ministry of Finance (MOF)
  • Contractor Service Centre (PKK)
  • Construction Industry Development Board (CIDB)
  • Other relevant licensing or registration bodies

Financing Concepts

• ​Commodity Murabahah Term Financing-i (CMTF-i)​
• Commodity Murabahah Revolving Financing (CMRF-i)
• Kafalah Bank Guarantee (BG)

Margin of Financing

Commodity Murabahah Term Financing-i (CMTF-i) Commodity Murabahah Revolving Financing (CMRF-i)	Up to 100% of contract cost
Kafalah Bank Guarantee (KBG)	As per requirement by contract awarder

Financing Limit

• Up to Single Customer Limit

Financing Tenure

• As per contract requirements

Profit Rate

• From BFR + 0.0% per annual  to BFR + 2.5% per annual

• Bank Guarantee Fee: 0.125% p.m

 

Collateral

• Minimum 30% cash collateral
• Assignment of contract proceeds
• Joint and several guarantees of directors/shareholders.

Download Contract Financing

Product Disclosure Sheet ​​CMTF CMRF KBG

 

For further inquiries, please visit our nearest Enterprise Centre / Business Centre.