KUALA LUMPUR: Credit Guarantee Corp (M) Bhd (CGC) is targeting RM400mil for its wholesale guarantee portfolio this year following its deal with OCBC Al-Amin Bank Bhd to launch the country’s first small and medium enterprise (SME) wholesale guarantee.
Known as the Wholesale Guarantee-i, the initial tranche of RM250mil, will be provided to OCBC Al-Amin’s existing unsecured SME clients, which exceeds 5,000.
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