Maybank, CGC Unveils RM1 Bln Portfolio Guarantee To Expand SME Financing Access
KUALA LUMPUR, Feb 9 (Bernama) -- Malayan Banking Bhd (Maybank) and Credit Guarantee Corporation Malaysia Bhd (CGC) announced a new RM1 billion tranche under the Portfolio Guarantee (PG) scheme to support small and medium enterprises (SMEs) with improved access to financing across different stages of growth.
In a statement today, Maybank said the initiative reflects its continued focus on ensuring that access to financing translates into real economic activity, while making it simpler and more accessible for SMEs to obtain the funding they need to grow and invest.
“As part of the new RM1 billion commitment, Maybank will introduce a new PG/-Islamic sustainable finance scheme for SMEs that have proactively transitioned their business operations towards more sustainable practices.
“The scheme supports businesses that are making progress, recognising that sustainability is a journey while encouraging continuous improvement that delivers positive outcomes for businesses, the community and the environment,” it added.
Maybank said financing for other business needs is also available under the various PG financing schemes, including working capital, business expansion and supply chain, with financing amounts ranging from RM10,000 to RM1.5 million.
It said SMEs may apply for the various schemes via Maybank2u through its SME digital financing platform.
Maybank president and group chief executive officer (CEO) Datuk Seri Khairussaleh Ramli said Maybank is not just providing funding through its expanded collaboration with CGC, but is also enabling SMEs to invest with confidence, scale their operations, and build businesses that last.
“Ultimately, we want to extend financing accessibility to a wider range of SMEs, while supporting more entrepreneurs across the country with solutions that go beyond banking,” he said.
Meanwhile, CGC president and CEO Mohamed Nazri Omar said the RM1 billion portfolio guarantee tranche reflects the corporation’s focus on deploying guarantee support in a more deliberate and targeted manner, in line with CGC’s new five-year strategic direction.
“By aligning portfolio guarantees across key financing priorities, including working capital, digital access, sustainability transition and supply chain ecosystems, CGC and Maybank are supporting SMEs at different stages of development through targeted financing solutions,” he said.
According to the statement, Maybank and CGC have supported SMEs through the PG/-i financing scheme since 2013.
“As at January 2026, the collaboration has assisted over 35,000 SMEs, especially from the micro-SME segment, with total financing commitments exceeding RM11.8 billion over 85 tranches,” the bank added.
-- BERNAMA