Sme Bank Malaysia: A Credit Analysis Report

Sme Bank Malaysia: A Credit Analysis Report

When it comes to choosing a bank, there are plenty of factors to consider. But one of the most important factors is credit history. After all, a good credit score is vitally important when you’re looking to purchase a home or secure other types of loans. In this blog post, we will provide you with a comprehensive report on Sme Bank Malaysia – including an overview of their credit history, recent trends, and more. By reading this report, you’ll be able to make an informed decision about whether or not Sme Bank is the right option for you.

Overview of Sme Bank Malaysia

Sme Bank Malaysia (SBM) is an investment-banking and financial services company headquartered in Kuala Lumpur, Malaysia. The company provides a range of banking and financial products and services to retail and institutional investors in the country. SBM has a network of over 500 branches across the country. The company was founded in 1969 and is listed on the Bursa Malaysia stock exchange.

In fiscal year 2016, SBM posted total income of RM2.753 billion, representing an increase of 5% from the previous year. This was aided by strong growth in lending and deposits, as well as improved performance from its commercial banking businesses. In terms of loan portfolio, SBM’s commercial lending business grew by 10%, while its corporate lending business increased by 14%. Deposit growth was also healthy with SBM posting a compound annual growth rate (CAGR) of 10%. However, inflationary pressures began to weigh on the industry late last year, causing asset quality indicators to deteriorate. This had a negative impact on net interest margin (NIM), which decreased from 3.95% at end-2016 to 3.47% by end-2017 due to increased competition from the armed forces’ finance arm, DBS Group Holdings Bhd (DBS). Nevertheless, SBM’s overall profitability continued to improve during this period driven by cost savings initiatives taken by management across all businesses.

With regards to regulatory matters, SBM continues to benefit from being one of the larger banks

Credit Score and Factors Affecting It

Credit scores are a way of measuring a person’s creditworthiness. It is based on your payment history and other factors. A high credit score means that you’re more likely to be approved for loans and credits. Your credit score affects your borrowing costs, insurance premiums, and interest rates on products like mortgages. Here are some of the factors that can affect your credit score: -Your length of debt history: A long history of making payments on time can help your score. -Number of inquiries: How many times lenders have asked to see your credit report? -Type of loans you’ve taken out: Loans such as mortgages or car loans tend to have a bigger impact on your score than loans for things like groceries or cell phone bills. -Your age: Your credit score will be worse if you’re younger than 30 or older than 65. -Providing too little information: If you don’t provide all the required information when applying for a loan, your credit score may be lower because lenders take this into account.

How to Improve Your Credit Score

Credit score is a number assigned by the credit bureaus to indicate your creditworthiness. The higher the score, the more favorable the terms for borrowing money will be. Your credit score can affect not just your borrowing ability but also your ability to secure a loan for a home, car or any other type of purchase.

There are many steps you can take to improve your credit score. Here are some tips:
The most important thing you can do is keep updated on your credit report and score. Credit bureaus report your payment history, which includes all of the accounts you have with them, once annually and every six months if there are new accounts added to your portfolio since the previous report. If you have been late on any payments, that information will also show up on your credit report. Make sure you know where each of your reports is so that you can monitor how you are doing and make any necessary changes in order to improve your credit score.

Another key factor in improving your credit score is maintaining good utilization rates on your available loans and installment plans. You want to stay below 30 percent of total outstanding balances on all of your debt categories so that lenders will view you as a low-risk borrower. Additionally, it’s important to keep an eye on new offers that may come in because they could impact how much interest you are paying currently. Always consult with a financial advisor before making any big decisions about debt consolidation or switching loans because this could impact

How to Obtain a Credit Card from Sme Bank Malaysia

If you’re looking for a plastic card to help you build your credit history, Sme Bank Malaysia may be a good option. Obtaining a credit card from Sme Bank Malaysia is relatively easy. Before you apply, make sure you have the following: Proof of income: A recent pay stub or W-2 form will suffice.

A recent pay stub or W-2 form will suffice. Proof of residence: A current utility bill, mortgage statement, or lease agreement will do.

A current utility bill, mortgage statement, or lease agreement will do. Proof of identity: A driver’s license, passport photo, or government ID card. Once you have these documents in hand, head to the bank’s website and complete an online application form. Be prepared to provide your Social Security number and banking details (name on account, SWIFT code, routing number). Depending on your credit score and other factors, you may be required to submit additional documentation (such as an insurance policy). Once your application is processed, Sme Bank Malaysia will issue you a credit card with a fixed annual interest rate and no introductory period. To keep your balance low and avoid fees related to late payments and Over-the-Limit spending, make sure you monitor your monthly statements closely and pay off your balance each month.

How to Get a Loan from Sme Bank Malaysia

If you are in need of a loan and your bank is not giving you the time of day, then it might be worth looking into Sme Bank Malaysia. This is a Malaysian banking institution with a wide range of products and services to suit different needs.

To get started, you will first need to visit their website and complete an online application. Once that is done, you will need to provide some basic information about yourself, including your name, address, and credit history. You will also be asked to provide proof of income and assets.

After that, Sme Bank Malaysia will conduct a credit analysis to determine if you are eligible for a loan. If everything looks good on paper, they will then contact you to set up a meeting to discuss terms and conditions. As long as you can meet all the requirements, there is no reason why you shouldn’t be approved for a loan from Sme Bank Malaysia.


If you’re looking for a financial institution that can provide you with the best credit products and services, then Sme Bank Malaysia is certainly worth considering. Not only does this bank offer competitive rates on loans and credits, but its customer service is equally excellent. In addition, the bank has a wide range of products and services to choose from, so there’s sure to be something that meets your needs. So what are you waiting for? Give Sme Bank Malaysia a try today!

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