Who We Are
Spanning over five decades of contributing to the country's economic growth, Malaysian Industrial Development Finance Berhad (MIDF) today has strengthened its foothold in many segments of the financial services industrial.
It was incorporated on 30 March 1960, mainly for the purpose of ensuring access to financing for manufacturing-based small and medium enterprises (SME), as part of Malaysia's post-independence strategy to accelerate development of the industrial sector. MIDF has proven its resilience and longevity, and proudly celebrated its 50th anniversary in March 2010. Over the years of basking in its status as Malaysia maiden development finance institution, MIDF has evolved and transformed itself into a diversified group.
Following its merger with Amanah Capital Partners Berhad in 2003, as well as its acquisition of Utama Merchant Bank Berhad (UMBB) in 2004, and the establishment of MIDF Amanah Investment Bank Berhad (MIDF Investment) in 2006, the MIDF Group accentuated its ambition to become a leading financial services provider in three core business areas, namely investment banking, development finance and asset management.