PETALING JAYA: Credit Guarantee Corp Malaysia Bhd (CGC) will roll out the BNM-CGC Portfolio Guarantee (PG) and Portfolio Guarantee-i (PG-i) schemes, supporting up to RM10bil in guaranteed financing for micro, small and medium enterprises (MSMEs).
Building on Bank Negara Malaysia’s (BNM) earlier announcement, CGC said the schemes are designed to broaden MSMEs’ access to financing across growth and strategic sectors, with CGC serving as the implementation and risk-sharing platform alongside participating financial institutions.
“This marks a shift from direct lending support through non-relief facilities toward a scalable, guarantee-based model that enables participating financial institutions to support viable MSMEs, including first-time borrowers and businesses investing in future growth.
CGC said the PG and PG-i schemes are structured around four policy objectives: expanding financial inclusion for underserved MSMEs, supporting climate and sustainability transition, improving productivity, and strengthening business resilience.
“These objectives translate into targeted support for microenterprises, startups, sustainability-focused businesses, enterprises in emerging and strategic sectors, and MSMEs investing in innovation, productivity and resilience.”
Unlike short-term facilities that primarily address immediate cash-flow and working-capital pressures, CGC said the PG and PG-i schemes are designed to support longer-term MSME growth, productivity upgrading, sustainability transition and resilience-building.
“They complement BNM’s SME Stabilisation Relief Facility, which provides short-term relief of up to RM750,000 in working capital over tenures of up to five years, and the earlier RM300mil PG Relief Scheme, which offers targeted relief of RM20,000 to RM500,000, up to 90% coverage, and up to seven years for affected MSMEs.
“Together, these initiatives span the full spectrum from immediate relief to long-term growth,” it said.
