The bank said the partnership would enable eligible MSMEs, even those that lack collateral, to obtain financing of up to RM1 million per MSME to expand their business operations.
In a statement today, the bank said the partnership would enable eligible MSMEs, even those that lack collateral, to obtain financing of up to RM1 million per MSME to expand their business operations.
"Businesses also have the option of applying for their loans online without ever needing to visit a bank branch,” it said. Group chief executive officer Kellee Kam said this strategic alliance with CGC is part of the bank’s Acceler8 strategy to continue its velocity in the MSME segment.
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