As part of an ongoing strategic collaboration that focuses on developing and financing SMEs, AmBank and Credit Guarantee Corporation Malaysia Bhd (CGC) have extended their financing facilities worth RM400 mil under the SME Portfolio Guarantee Scheme. The RM400 mil additional financing will be executed under AmBank’s Retail SME channel. Dato’ Sulaiman Mohd Tahir, our Group CEO, and Datuk Mohd Zamree Mohd Ishak, President & CEO, CGC, welcomed the guests, including our media friends and senior management plus colleagues from both organisations, and highlighted the importance of SMEs in the country - they remain the backbone, accounting for more than 97% of businesses. Aaron Loo, our MD of AmBank Retail Banking, and Mohamed Azman Mohamed Taufik, SVP, Business Development & Products, CGC, penned their signatures, and witnessed by Dato’ Sulaiman and Datuk Mohd Zamree. Drop by your nearest AmBank branch to find out more. #AmBank #CGC #RSME #SME #Financing
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Managing Director, Retail Banking at AmBank Group
1yIt was a pleasure hosting Mohd Zamree Mohd Ishak and the CGC team at Bangunan AmBank Group for the signing ceremony of a RM 400 mil Portfolio Guarantee tranche. We will be targeting small and micro enterprises especially those in the e-commerce sector with the aim of helping them grow together with our economy. Thank you Dato’ Sulaiman for witnessing the event.