AEON Credit planning to Raise Capital Base

AEON Credit (M) Sdn Bhd, owned by Japan’s AEON Financial Service Co Ltd, is deliberating on methods to raise its capital capital adequacy ratio (CAR). This comes as a Bank Negara Malaysia (BNM) plans to strengthen its regulatory and supervisory capacity on the non-banks in Malaysia. AEON Credit’s current CAR is around 17-18% and is […]