Malaysian business licence·Federal

BNM Development Financial Institution Approval (DFIA 2002)

Issued by Bank Negara Malaysia (BNM)Development Financial Institutions Act 2002

Overview

Operating a Development Financial Institution (e.g. BSN, SME Bank, Bank Rakyat) requires BNM approval under the DFIA 2002.

Key details

Governing Act
Development Financial Institutions Act 2002
Agency fees
Varies by agency — see official source
Validity
Annual renewal typical
Issuing authority
Bank Negara Malaysia (BNM)

Fees shown are government / local-authority fees payable to the issuing agency. Emerhub charges a separate service fee for handling the application end-to-end.

Which businesses need it