Malaysian Industrial Development Finance Berhad (MIDF) is a leading Malaysian financial institution established on 30 March 1960 to promote industrial growth and economic development. As a wholly-owned subsidiary of MBSB Group since 2023, MIDF operates in three core areas: development finance, investment banking, and asset management.
The Development Finance Division provides medium- and long-term Shariah-based and conventional financing to small and medium-sized enterprises (SMEs) and large corporations, particularly in the manufacturing and industrial sectors. It supports business expansion through tailored schemes like SME financing, automation modernization, and government-backed programs under the Ministry of Investment, Trade and Industry (MITI).
MIDF has participated in financing initiatives for Malaysia's oil, gas, and services equipment (OGSE) sector, including partnerships with PETRONAS for sustainable vendor financing. Its services contribute to industrial competitiveness and sustainability across key Malaysian industries.
OGSE Partners Day convened 800+ stakeholders to advance resilience, tech adoption, talent and finance. Launched sustainable vendor financing MoU with major banks to support green transition.
