CGC and OCBC Bank cross RM2bil mark in wholesale guarantees


OCBC Malaysia and CGC have crossed the RM2 billion mark in Wholesale Guarantees.

KUALA LUMPUR: Credit Guarantee Corporation Malaysia Bhd (CGC) and OCBC Malaysia have crossed the RM2bil mark in wholesale guarantees (WG) for unsecured small and medium enterprise (SME) financing.

In a joint statement on Monday, they said this RM2bil was after several new tranches totalling RM610mil for this year.

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