Page 9 - Abrara Anwar News Today : Breaking News, Live Updates & Top Stories | Vimarsana

CGC president/chief executive officer Datuk Mohd Zamree Mohd Ishak KUALA LUMPUR: Credit Guarantee Corporation Malaysia Bhd (CGC) and Standard Chartered Malaysia have launched a RM70 million financial tranche to provide small and medium enterprises (SMEs) with working capital, bringing the total amount of tranches jointly launched by both parties to RM1.71 billion. Standard Chartered is also the highest contributor among foreign banks in terms of SME financing in Malaysia. In a joint statement, the companies said under a Portfolio Guarantee (PG) agreement, the financing facility is expected to help ease the burdens of SMEs and sustain their business as they recover from the effects of the pandemic.

Kuala lumpurAbrara anwarCredit guarantee corporation malaysia bhdGuarantee corporation malaysia bhdStandard chartered malaysiaPortfolio guaranteeDatuk mohd zamree ishakShort term economic recovery planChartered malaysiaStandard charteredMohd zamree ishakகுவாலா லம்பூர்கடன் உத்தரவாதம் நிறுவனம் மலேசியா ப்ட்உத்தரவாதம் நிறுவனம் மலேசியா ப்ட்தரநிலை பட்டய மலேசியாபோர்ட்‌ஃபோலீயோ உத்தரவாதம்