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Credit Guarantee Corporation Malaysia Berhad recognizes financial partners and SME customers

The 28th FI/DFI & SME Awards 2022, hosted by Credit Guarantee Corporation Malaysia Berhad (CGC), brought together industry leaders, government officials, and successful small and medium enterprises (SMEs) to recognize their outstanding achievements and contributions to the economy. The ceremony, graced by Senator Tengku Datuk Seri Utama Zafrul bin Tengku Abdul Aziz, Minister of Investment, Trade, and Industry, highlighted the importance of supporting SMEs in their journey towards recovery and resilience.

Dato Mohammed Hussein, Chairman of CGC, addressed the challenges faced by SMEs during the pandemic, emphasizing the need for collective efforts from the government and financial institutions to assist in their rehabilitation and exploration of new business opportunities. With SMEs accounting for a significant portion of the economy, their growth directly impacts jobs and economic stability. The recognition of ESG (Environmental, Social, and Governance) principles as part of sustainability and financial well-being was highlighted by Datuk Mohd Zamree, underlining the importance of supporting SMEs in their ESG journey.

The event also recognized the contributions of financial institutions, with Maybank Islamic receiving accolades as the Best Financial Partner, Top Bumiputera FI Partner, and Top FI Partner – Islamic Bank. Dato Khairussaleh Ramli, Group President & CEO of Maybank, expressed pride in their achievements and commitment to uplifting the SME segment. Maybank’s role in enhancing the Islamic banking value proposition and providing comprehensive solutions for SMEs has solidified its position as a leading financial institution in the region.

CGC remains dedicated to providing vital financial assistance to unserved and underserved micro, small, and medium enterprises. By promoting economic growth, development, employment opportunities, and poverty reduction, CGC continues to play a critical role in shaping Malaysia’s future. The FI/DFI & SME Awards serve as a platform to celebrate the resilience and success of SMEs while fostering partnerships between financial institutions and the business community.

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