Wan Azhar (right) shaking hands with Affin Bank managing director and CEO Datuk zulkiflee Abbas Abdul Hamid. With them is CGC chairman Datuk Agil Natt.
PETALING JAYA: Credit Guarantee Corp Malaysia Bhd (CGC) is expecting its non-performing loans (NPL) to decrease to below 3% in 2015.
“This year, we’re looking at an estimated 2.9%, so 2015 is looking to be a good year,” president and chief executive officer Datuk Wan Azhar Wan Ahmad told the press at a signing ceremony between the institutional guarantee provider and Affin Bank Bhd to collaborate on offering portfolio guarantee (PG) financing worth RM50mil.
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