CIMB commits to RM30b SME financing via tie-ups with CGC, SJPP

KUALA LUMPUR (Sept 26): CIMB Group Holdings Bhd aims to extend RM30 billion in financing to small and medium enterprise (SME) businesses via collaborations with credit guarantee agencies established by the Government and Bank Negara Malaysia.

The group’s two subsidiaries, CIMB Bank Bhd and CIMB Islamic Bank Bhd, will collaborate with Minister of Finance Inc’s wholly-owned Syarikat Jaminan…