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Kota Kinabalu: Sabah Development Bank Berhad (SDB) has made significant progress in the recovery of its RM5 billion non-performing loans (NPLs) backed by securities and is confident that the entire recovery process can be wrapped up within three years.

Kota Kinabalu: Sabah Development Bank Berhad (SDB) has appointed Messrs Forvis Mazars PLT (Forvis Mazars) as its new auditor for Financial Year (FY) 2024, replacing Messrs Ernst & Young (EY). .

Kota Kinabalu: Sabah Development Bank Berhad (SDB) is on track to achieve its recovery target of RM1 billion this year, with similar targets set for the next two years.

Kota Kinabalu: Sabah Development Bank Berhad (SDB) said it is on track to achieving its recovery target of RM1 billion this year with similar targets set for the next two years.

Kota Kinabalu: Sabah Minister of Finance Sabah Datuk Seri Masidi Manjun said the State Government is firm in supporting the Sabah Development Bank (SDB) and clarified that its RM5 billion non-performing loans (NPLs) are secured and recoverable.

STATE Finance Minister Datuk Seri Masidi Manjun is willing to be referred to the State Legislative Assembly Privileges Committee over his statement on the Sabah International Petroleum Sdn Bhd (SIP) issue involving former Chief Minister Datuk Seri Shafie Apdal.