CGC eyes 25% increase in guarantee issuances this year


CGC president and chief executive officer Datuk Mohd Zamree Mohd Ishak.

KUALA LUMPUR: Credit Guarantee Corporation Malaysia Bhd (CGC) is targeting to grow its guarantees issuances by 25 per cent this year from RM5.1 billion achieved in 2023.

CGC president and chief executive officer Datuk Mohd Zamree Mohd Ishak said the target is achievable as the corporation had issued as much as RM2.2 billion in guarantees during the first half of this year.

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