From left: Alliance Bank’s group chief SME and commercial banking officer Raymond Chui, group CEO Kellee Kam, CGC President and CEO Datuk Mohd Zamree Mohd Ishak and chief business officer Sean Tan
KUALA LUMPUR: Alliance Bank Malaysia Bhd
has extended its partnership with Credit Guarantee Corporation Malaysia Bhd (CGC) and allocated an additional RM1bil under Portfolio Guarantee schemes to help micro, small and medium enterprises (MSMEs).
In a statement today, the bank said the partnership would enable eligible MSMEs, even those that lack collateral, to obtain financing of up to RM1mil per MSME to expand their business operations.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
