Aeon Credit partners MUFG to launch $119M social loan in Malaysia
MUFG Bank (Malaysia) Berhad (MUFG), a subsidiary of Mitsubishi UFJ Financial Group, Inc. has signed a MYR 500 million ($119 million) social loan with AEON Credit Service (M) Berhad (AEON Credit), a financial service provider in Malaysia. The duo said in a statement on Monday that this landmark transaction is Malaysia’s largest social loan to date and also marks the bank’s debut...
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