Ambank, CGC drafting new frontiers in business financing


From left: Mohd Zamree Mohd Ishak, CGC chairman Datuk Agil Natt, AmBank chairman Tan Sri Azman Hashim and Pushpa Rajadurai at the signing of the portfolio guarantee agreement

KUALA LUMPUR: AmBank (M) Bhd inked a portfolio guarantee agreement with Credit Guarantee Corp Malaysia Bhd (CGC), allocating up to RM300mil to enhance Small and Medium Enterprise (SME) financing in Malaysia.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Oil gains 1% on hopes of firmer demand
JPMorgan investors weigh CEO Dimon’s strategy, succession plan
Muhibbah rides on Cambodian tourism uptick
Feytech gears up for expansion to meet growing demand
Ready to rise up the ranks again
SC working overtime to combat spread of scams
Russia and Malaysia sign tax agreement
MGB ACHIEVES 23% PROFIT SURGE IN 1Q24
GDP up 4.2% in 1Q24
Chinese firms invest in ‘green’ jet fuel

Others Also Read