Financial help for micro businesses

(From left) Mujiburrahman, Yunos, Mohd Zamree and Leong at the signing of the portfolio guarantee deal.

BANK Simpanan Nasional and Credit Guarantee Corporation Malaysia Berhad (CGC) signed a portfolio guarantee (PG) agreement today to provide RM50mil worth of financing to micro enterprises.

The strategic partnership was signed by BSN chief business officer Mujibburrahman Abd Rashid, and CGC chief business officer Leong Weng Choong, witnessed by BSN chief executive Datuk Yunos Abd Ghani and CGC president/ chief executive officer Datuk Mohd Zamree Mohd Ishak.