Strategic tie-up: (from left) Hong Leong Bank head of group SME banking Terrence Teoh Yih Min, Fuda, Mohd Zamree and CGC chief business officer Leong Weng Choong at the partnership signing ceremony.
PETALING JAYA: Hong Leong Bank Bhd
(HLB) will be offering RM200mil worth of financing to small and medium enterprises (SMEs) through its maiden partnership with Credit Guarantee Corp Malaysia Bhd (CGC).
The bank said it had inked a strategic partnership agreement with CGC to participate in the latter’s Portfolio Guarantee scheme, which facilitates SMEs in securing bank borrowings.
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