Credit Guarantee Corporation Malaysia Berhad (CGC) was established on 5 July 1972. It is 78.65% owned by Bank Negara Malaysia and 21.35% by the commercial banks in Malaysia. CGC aims to assist Micro, Small and Medium-Sized Enterprises (MSMEs) with inadequate or without collateral and track record to obtain credit facilities from financial institutions by providing guarantee cover on such facilities. CGC has availed 533,000 guarantees and financing to MSMEs valued over RM95 billion since its establishment.

In February 2018, riding on the digital wave, CGC introduced imSME, Malaysia’s first SME online financing/loan referral platform. imSME aims to ensure MSMEs are able to search and apply for financing by significantly reducing the time taken and hassle.  MSMEs can get into the formal financial system with just four easy steps, receiving a response within two working days, saving them time and cost, with less hassle. There are currently 26 Participating Financial Institutions (PFIs) offering more than 60 financial products, 10 Peer-to-Peer financing platforms, 3 Equity Crowdfunding platforms, 3 Alternative Funding agencies and 3 Capacity Building agencies on board imSME.

As of 31 January 2024, imSME received 2.6 million visitors since its launch on 9 February 2018, clinching over 79,500 registrations.  More than 6,150 applications have been approved amounting to RM620 million.

As a holistic approach to our financial inclusion agenda, the CGC Developmental Programme™ was launched in 2016.  The programme is geared to assist MSMEs by providing Financial Access and Market Access to these entrepreneurs. MSMEs are also assisted by our Financial Advisory (FA) team.  These unsuccessful applicants who have tried to secure financing/loan from financial institutions are guided accordingly by the FA team so that they can obtain business financing in future by improving their eligibility criteria.  Most of these MSMEs came through imSME and MyKNP, a service formalised by Bank Negara Malaysia in collaboration with Agensi Kaunseling and Pengurusan Kredit (AKPK) and CGC in August 2019.

CGC also manages the Bumiputera Entrepreneur Project Fund (TPUB-i) with a total allocation of RM300 million. CGC manages 27 guarantee and financing schemes including 3 government-backed schemes. Currently, fourteen (14) Commercial Banks, fourteen (14) Islamic Banks, and six (6) Development Financial Institutions (DFIs) are participating in CGC’s guarantee schemes in providing financing to customers nationwide.


Institutions Number of ordinary shares issued and fully paid % Shareholding
Bank Negara Malaysia 1,247,096,400 78.65%
Others 338,504,000 21.35%
Total 1,585,600,000 100.00%


Federal Government Gazette :

Exemption from Moneylenders Act 1951


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


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