CIMB Bank partners with CGC to offer RM1.5bil portfolio guarantee scheme for SMEs

KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd (CIMB Bank) have partnered with Credit Guarantee Corporation Malaysia Bhd (CGC) to offer an additional RM1.5 billion in financing through a portfolio guarantee scheme for small and medium-sized enterprises (SMEs).

CIMB co-chief executive officer of group…