MoU signing: (from left) Bank Islam (M) Bhd consumer banking head Mujibburrahman Abd Rashid, Syarikat Jaminan Kredit Perumahan Bhd (SJKP) management services senior GM Chen Yin Heng, Bank Rakyat COO Datuk Amirudin Abdul Halim, Second Finance Minister Datuk Seri Johari Abdul Ghani, Syarikat Perumahan Negara Bhd (SPNB) chairman Datuk Abdul Latiff Ahmad, Malayan Banking Bhd head of consumer finance Mohd Zaini Aris, SPNB group CEO Datuk Ahmad Azizi Ali and Bank Simpanan Nasional senior vice-president Jay Khairil Jeremy Abdullah at the MoU signing ceremony between SPNB and SJKP as well as four financial institutions to facilitate greater home-ownership among Malaysians. See page 4
PETALING JAYA: Government-owned credit guarantee agency Syarikat Jaminan Kredit Perumahan Bhd (SJKP) will be providing housing loan guarantees worth RM200mil annually for houses built by Syarikat Perumahan Negara Bhd (SPNB), in a move to make home financing more accessible to low income earners.
Affordable housing developer SPNB, also government-owned, said the housing loan guarantee by SJKP will be available to prospective buyers with a minimum net disposable income of RM1,000.
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