RHB, CGC in LCTF portfolio guarantee deal


RHB group managing director and CEO Datuk Mohd Rashid Mohamad.

PETALING JAYA: RHB Bank Bhd has signed a portfolio guarantee worth RM400mil with Credit Guarantee Corp Malaysia Bhd (CGC).

The landmark agreement includes a RM100mil allocation to the Low Carbon Transition Facility (LCTF) 1, marking Malaysia’s first LCTF portfolio guarantee aimed at assisting small and medium enterprises (SMEs) in transitioning to a low-carbon economy.

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