PETALING JAYA: Credit Guarantee Corp (M) Bhd (CGC) has signed a joint-venture (JV) agreement with Dun & Bradstreet Malaysia Sdn Bhd (D&B) and the Association of Banks in Malaysia (ABM) through ABM Investments Sdn Bhd to become shareholders in the SME Credit Bureau Sdn Bhd.
In a statement yesterday, the company said CGC as the major shareholder (55% stake) would provide its expertise and experience in the financing of small and medium entreprises (SMEs) in Malaysia and to guide the development and management of Bureau’s business.
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