The Securities Commission (SC) and Credit Guarantee Corp Malaysia Bhd (CGC Group) signed a three-year memorandum of understanding (MoU) to enhance access for Malaysian micro, small and medium enterprises (MSMEs) and mid-tier companies (MTCs) to capital-market financing solutions. This collaboration leverages CGC Group’s expertise in financing guarantees. It aims to improve MSME and MTC access to capital market financing via CGC’s imSME platform, which matches them with peer-to-peer (P2P) financing platforms. Additionally, the initiative supports MSME and MTC de-risking by providing and extending credit guarantees.
Since 1972, CGC has facilitated over RM98.31 billion in guarantees and financing, benefiting over 538,000 MSMEs. SC chairman Datuk Mohammad Faiz Azmi emphasized that this collaboration aims to connect MSMEs and MTCs with tailored capital market solutions. CGC Group’s CEO, Datuk Mohd Zamree Mohd Ishak, highlighted that this partnership with the SC would help address barriers to Malaysian businesses.