Press statement by Dato' Ong Eng Bin, CEO of OCBC Bank (Malaysia) Berhad - in conjunction with the release of Malaysia's 2021 national budget
Despite the constraints on revenue brought about by the pandemic, the 2021 National Budget has done well to focus primarily on helping Malaysians cope with the current challenges, with particular emphasis on those negatively affected as well as the frontliners. The Budget also lends much-needed support to businesses by making the economy even more resilient. This is all noteworthy as the banking industry continues to work very closely with Bank Negara Malaysia and the Minister of Finance in playing our role to achieve the ideals contained in the Budget.