The membership consists of an estimated 350 credit community lenders and its aim is to be a bridge between the lenders, public and the goverment.
OUR OBJECTIVE
- To represent, develop, and promote the credit community industry to further the interests of its members.
- To portray the credit community as an essential and integral component of the business of financing individuals and businesses.
- To keep members informed of matters pertaining to the credit community.
- To maintain positive relations with governmental authorities and provide assistance through regular feedback.
- To advocate ethical practices within the credit community.
OUR SERVICES
MPLMA is an umbrella for credit community and our services include:
- To serve as a platform to liaise with KPKT, PDRM, BNM, and the public regarding credit community matters.
- To provide guidance to the credit community on compliances with the Moneylending Act and BNM’s directives.
- To offer advisory services when necessary, including annual submissions, license renewals, bookkeeping, and other related inquiries.
- To organize seminars and workshops to ensure members are well-informed and up-to-date on the latest regulations.
MPLMA EVENTS
MPLMA submitted a memorandum to KPKT
On 26th May our Mr.President met with KPKT’s Minister over their Hari Raya open house to express our intent to submit a Memorandum to KPKT.
Malaysian Punjabi Licensed Moneylenders donate to Tabung Harapan
Members of the Malaysian Punjabi Licensed Moneylenders Association (MPLMA) are joining the thousands of individuals, companies and organisations in doing their little bit for the
NEWS
Meeting with CCOB about the future of the money lending industry
MPLMA took the initiative to meet up and understand the requirements that CCOB will be during the transition and point out the issues that we
Opening of Bank Accounts: Insights from the KPKT Meeting
Introduction: In a significant effort to address the obstacles faced by money lenders (MLs) in opening bank accounts, a meeting was held at the Ministry
KPKT Hari Raya Open House
On the 11th May 2023, KPKT Hari Raya Open House hosted by Minister of KPKT. It was a great opportunity for MPLMA to participate in