KUALA LUMPUR, Sept 23 (Bernama) — Credit Guarantee Corporation Malaysia Berhad (CGC) and Public Bank Berhad (Public Bank) has launched a new RM700 million Portfolio Guarantee (PG) facility to strengthen access to financing for Malaysia’s Micro, Small and Medium Enterprises (MSMEs).
This facility forms the majority share of the RM1 billion Portfolio Guarantee jointly announced by CGC and Public Bank in September 2024 and is expected to directly benefit over 2,500 MSMEs nationwide.