[print-me title="Print" target=".overviewt"]

Overview

Credit Guarantee Corporation Malaysia Berhad (CGC) is a limited company incorporated under the Companies Act 1965 on July 5, 1972. Its main objective is to play a developmental role in supporting the Malaysia’s economic development agenda by assisting marginal but potentially viable small and medium scale enterprises (SMEs), particularly enterprises without collateral or with inadequate collateral and track record to obtain financing from the financial institutions. CGC facilitates SMEs access to financing through its guarantee schemes.

In its formative years, CGC assisted small enterprises particularly in agricultural, commercial and industrial sectors. As the Malaysian economy expanded and diversified over the years, the demand for CGC guarantee services grew in tandem. This led CGC to expand its range of products and services to cater for larger credit facilities required by the medium-sized SMEs.

Today, CGC supports SMEs through provision of loan guarantee and financing facilities, advisory services for financial and business development, credit information and credit rating services in collaboration with SME Corp and Credit Bureau Malaysia Sdn.Bhd. Through the Bureau, CGC helps SMEs improve their creditworthiness and bankability, enabling them to secure favourable financing and credit terms from the banks and other credit grantors on their own merit.

February 2018, CGC introduced imSME, Malaysia’s 1st SME Financing/Loan referral platform.  imSME serves as an alternative channel for SMEs to find financing products. At different stages of their business developments, SMEs will be guided to legitimate and authorised channels to source for their business financing needs.

In recent years, CGC has forged strategic alliances with many banking partners to offer innovative financing options and delivery channels that are cost-effective and efficient to enhance SMEs access to financing.

To date, CGC has availed 453,854 financing to SMEs valued over RM67.1 billion since its establishment.

Current shareholders of CGC are Bank Negara Malaysia (Central Bank of Malaysia) and commercial banks licensed in Malaysia operating through a network of more than 2,600 branches nationwide.

Shareholders :

Institutions % Shareholding
Bank Negara Malaysia 78.65%
Others 21.35%

 

Authorised Share Capital : RM3.0 billion shares of RM1 each

  • Preference Shares : RM500 million shares of RM1 each
  • Ordinary Shares : RM2.5 billion shares of RM1 each

Issued and Fully Paid : RM1,785.6 million shares of RM1 each

  • Preference Shares : RM200 million shares of RM1 each
  • Ordinary Shares : RM1,585.6 million shares of RM1 each

Federal Government Gazette :

 

 

Vision

To be an effective financial institution dedicated to promoting the growth and development of competitive and dynamic small and medium enterprises.

Mission

To enhance the viability of small and medium enterprises through the provision of products and services at competitive terms and, with the highest degree of professionalism, efficiency and effectiveness.

Delivery Channels