CGC targets RM14.5bil SME loan base by 2020


Award winners: Deputy Finance Minister Datuk Johari Abdul Ghani (fourth from left) CGC chairman Datuk Agil Natt (far left) and Mohd Zamree (right) with the award recipients, OCBC Al-Amin managing director and CEO Tuan Syed Abdull Aziz Jailani Syed Kechik (2nd from left), Maybank Islamic deputy CEO Nor Shahrizan Sulaiman (3rd from left), SME Bank group MD Datuk Mohd Radzif Mohd Yunus (3rd from right) and Maybank head of community financial services Datuk Hamirullah Boorhan (2nd from right).

PETALING JAYA: Credit Guarantee Corp Malaysia Bhd (CGC) is targeting an RM14.5bil small and medium enterprise (SME) loan base by 2020 via its five-year strategic plan.

The firm that aids SMEs in obtaining loans from commercial banks said its loan base now stood at RM9bil.

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