Company Profile

    Company overview

    Industry

    Financial Investment Services

    Company size

    101-1,000

    Primary location

    Menara MIDF, No. 82, Jalan Raja Chulan Kuala Lumpur
    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 anniversaty 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.

    Gallery photos

    Reviews overview

    4.122 ratings in total
    5
    8
    4
    11
    3
    0
    2
    3
    1
    0
    82%
    Rate salary as high or average
    86%
    Employees recommend this employer to friends

    What’s it like working at Malaysian Industrial Development Finance (MIDF)?

    AI summary of recent reviews

    Employees at Malaysian Industrial Development Finance (MIDF) appreciate the opportunities for learning and development through various training programs, seminars, and events. They also highlight the supportive environment with cooperative and helpful colleagues. Several reviews mention the good work-life balance, particularly in smaller teams. Additionally, employees value the exposure and experience they gain by working with clients from various industries and learning about the financial services industry.

    However, there are some potential challenges, such as slow processes due to centralisation and bureaucracy, leading to delays in decision-making. A few employees indicate that career development opportunities could be improved, with concerns about slow growth and limited advancement paths. There are also mentions of heavy workloads, particularly for certain roles, which can be challenging to manage.

    Recent reviews

    5.0
    Finance
    Aug 2023
    I am committed to continually enhancing my experience and skill more to like new experience
    The good thingsIndependently and intelligent in my work
    The challengesLooking for new and more challenging experiences
    5.0
    Sales
    Apr 2021
    Good work environment
    The good thingsGood place to start your career. Lots to learn
    The challengesslow career development
    5.0
    IT executive
    Jul 2020
    Challenging, excitement and satisfaction
    The good thingsProviding full of excitements in a challenging working environment of financial industry needs and its priority business aspects. High delivery will lead to high numeration.
    The challengesIf I knew earlier I will join this company much earlier. I cannot go away as we are bond as a family.
    Ratings for Malaysian Industrial Development Finance (MIDF) are shared as-is from employees in line with our community guidelines
    Find out more about working at Malaysian Industrial Development Finance (MIDF). Read company reviews from real employees, explore salaries and life and culture; and view all open jobs.
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