KUALA LUMPUR: Credit Guarantee Corporation Malaysia Bhd (CGC) aims to approve RM4.6 billion in financing and guarantees to benefit 9,800 small and medium enterprises (SMEs) including women entrepreneurs and Bumiputera contractors this year.
President and chief executive officer Datuk Mohd Zamree Mohd Ishak said this would be a significant increase from last year’s RM3.7 billion financing and guarantees to 9,000 SMEs.
“We have a special scheme for Bumiputera contractors that have been awarded projects by federal and state governments as well as government-linked companies,” he told reporters at the 10th anniversary of CGC-Standard Chartered Malaysia collaboration to finance SMEs. - Bernama
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