From left: Sean Tan, Chief Business Officer, CGC Malaysia; Datuk Mohd Zamree Mohd Ishak, President and CEO, CGC Malaysia; Mak Joon Nien, CEO, Standard Chartered Malaysia; Bilal Parvaiz, CEO, Standard Chartered Saadiq Malaysia and; Sammeer, Head of Wealth and Retail Banking, Standard Chartered Malaysia
PETALING JAYA: Standard Chartered Bank Malaysia Bhd and Standard Chartered Saadiq Malaysia Bhd have inked a portfolio guarantee agreement with partner Credit Guarantee Corp Malaysia Bhd (CGC) for a new RM300mil tranche.
The agreement will make banking facilities available to growing small and medium enterprises by supporting them in new market expansion and digital transformation.
The agreement will be divided into two segments, namely RM200mil in conventional and RM100mil in Islamic banking facilities.
