PETALING JAYA: Credit Guarantee Corp (CGC) is seeing increasing demand from small and medium enterprises (SMEs) for loan restructuring to improve their cash flow under the weak market environment.
Managing director and chief executive officer Datuk Wan Azhar Wan Ahmad said for every two accounts that turned into non-performing loans (NPL), one would restructure its loan for lower instalment amount and a prolonged repayment period.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!