KUALA LUMPUR: Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) has approved a total of RM50.313bil in financing guarantee applications by financial institutions involving 69,293 accounts, for the period from 2009 to February 2022.
According to the Auditor General’s Report 2021 Series 1 on the Management of Federal Government Companies presented in Parliament, RM42.63bil (84.7%) of funding has been disbursed to small and medium enterprises (SMEs) by the relevant financial institutions and the amount of guarantee by SJPP was RM31.85bil.
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