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AGF issues $5m Loan Portfolio Guarantee to Sidian Bank to boost SMEs financing in Kenya

AGF issues $5m Loan Portfolio Guarantee to Sidian Bank to boost SMEs financing in Kenya
africabusinesscommunities.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from africabusinesscommunities.com Daily Mail and Mail on Sunday newspapers.

Jules Ngankam , Chege Thumbi , Loan Portfolio Guarantee To Sidian Bank , Sidian Bank , African Guarantee Fund , Loan Portfolio Guarantee , Pie Kamau , Guarantee Fund , Portfolio Guarantee , கடன் போர்ட்‌ஃபோலீயோ உத்தரவாதம் , பை கமாவு , உத்தரவாதம் நிதி , போர்ட்‌ஃபோலீயோ உத்தரவாதம் ,

CGC, StanChart launch RM70mil financial facility for SMEs


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 Lumpur , Abrara Anwar , Credit Guarantee Corporation Malaysia Bhd , Guarantee Corporation Malaysia Bhd , Standard Chartered Malaysia , Portfolio Guarantee , Datuk Mohd Zamree Ishak , Short Term Economic Recovery Plan , Chartered Malaysia , Standard Chartered , Mohd Zamree Ishak , குவாலா லம்பூர் , கடன் உத்தரவாதம் நிறுவனம் மலேசியா ப்ட் , உத்தரவாதம் நிறுவனம் மலேசியா ப்ட் , தரநிலை பட்டய மலேசியா , போர்ட்‌ஃபோலீயோ உத்தரவாதம் , குறுகிய கால பொருளாதார மீட்பு திட்டம் , பட்டய மலேசியா , தரநிலை பட்டய ,