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CGC Malaysia logo — Powering Malaysian SMEs

CGC Malaysia

Powering Malaysian SMEs

Founded 1972 Malaysia Petaling Jaya, Malaysia 327 employees

General Information

Company Name CGC Malaysia
Founded Year 1972
Location Malaysia Petaling Jaya, Malaysia +1
Employees 327
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About CGC Malaysia

Credit Guarantee Corporation Malaysia Berhad (CGC) was established on 5 July 1972. It is 78.65% owned by Bank Negara Malaysia and 21.35% by the commercial banks in Malaysia. CGC aims to assist Micro, Small, and Medium-Sized Enterprises (MSMEs) with inadequate or without collateral and track records to obtain credit facilities from financial institutions by providing guarantee cover on such facilities. As of 31 December 2022, CGC has availed over 523,000 guarantees and financing to MSMEs valued at over RM90 billion since its establishment. On 9 February 2018, CGC introduced imSME, Malaysia’s first SME online financing/loan referral platform. The imSME serves as an alternative channel for MSMEs to source for financing products, saving them both the time and the hassle of going through time-consuming processes. From the time of its inception to the end of February 2023, the imSME portal had received more than 6.67 million visits with more than 67,000 registered MSMEs under the portal. In August 2020, imSME won “The Asset Triple A Islamic Finance Awards for Best Digital Banking Solution”, a recognition of its innovative solution to provide MSMEs with convenient online access to apply for financing products, anywhere, anytime. In April 2021, imSME was awarded the Most Innovative SME Financing Platform in Malaysia by the Global Economics Awards 2021. For more information, please visit www.cgc.com.my and www.imsme.com.my

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CGC Malaysia Alternatives & Competitors

CGC Malaysia vs
Funding Societies Singapore
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CGC Malaysia vs
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CGC Malaysia vs
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FAQ About CGC Malaysia

Powering Malaysian SMEs
CGC Malaysia was founded in 1972.
CGC Malaysia is headquartered in Petaling Jaya, Malaysia.
CGC Malaysia has approximately 327 employees.
Top alternatives and competitors to CGC Malaysia include Funding Societies Singapore, LIMRA ASSETS SDN BHD, GPAINNOVA | DLyte, Vedika Credit Capital Ltd, Power2SME. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CGC Malaysia and Funding Societies Singapore are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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