PETALING JAYA: The Securities Commission Malaysia (SC) recently signed a memorandum of understanding (MoU) with Credit Guarantee Corporation Malaysia ...
Mohammad Faiz , Mohd Zamree , Yushida and SC, CGC and CGC Digital representatives at the signing ceremony.The Securities Commission Malaysia recently signed a memorandum of understanding with Credit Guarantee Corporation Malaysia Bhd and CGC Digital Sdn Bhd to enhance access to capital market financing solutions for micro, small and medium enterprises and mid-tier companies .
The initiative leverages CGC Group’s expertise in financing guarantees and its established network in the MSME sector. “The platform matches MSMEs and MTCs with Peer-to-Peer Financing operators. The MoU aims to further expand this access by onboarding more P2P operators. Currently the platform offers products from six P2P operators,” it said.
Since its inception in 1972, CGC has provided guarantee and financing worth more than RM98.31 billion, benefiting over 538,000 MSMEs.
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