Credit Guarantee Corporation (CGC)
Established in 1972. The current shareholders are Bank Negara Malaysia, and all the commercial banks and finance companies operating in Malaysia. CGC is classified as a Development Financial Institution. CGC's main objective is to assist Small and Medium scale Enterprises (SMEs) particularly those without collateral or with inadequate collateral to obtain credit facilities from financial institutions by providing guarantee cover on such facilities. iGuarantee is the e-business venture of CGC to provide a one-stop web services portal at which business loan application can be made.
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|Guide ID: 993 - Last Updated: August 16, 2013