CGC seeks to approve RM4.9bil loans this year


Referral platform: Johari (second from right) holding a memento after officiating at the launch of CGC’s imSME loan / financing referral platform. Looking on are (from left) Bank Negara deputy governor Jessica Chew, Agil and Mohd Zamree.

KUALA LUMPUR: Credit Guarantee Corp Malaysia Bhd (CGC) is targeting to approve RM4.9bil worth of financing to benefit about 9,000 small and medium enterprises (SMEs) this year, up 44% from 2017.

CGC president and chief executive officer Datuk Mohd Zamree Mohd Ishak said the growth will be underpinned by the solid, ongoing infrastructure projects in the country.

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