Press Releases - Category: Finance
Displaying 1-10 of 14 results.
Monday, Dec 21, 2020
MARC has affirmed its financial institution (FI) rating of AAA on Credit Guarantee Corporation Malaysia Berhad (CGC) with a stable outlook.CGC’s status as a development financial institution (DFI) with an explicit public policy role, underpinned by the support extended by the government through Bank Negara Malaysia (BNM), remains a key rating factor. BNM is CGC’s main shareholder with 78.7% in...

This article has been viewed 55 times.
Friday, Mar 06, 2020
MARC has affirmed its financial institution (FI) rating of AAA on Credit Guarantee Corporation Malaysia Berhad (CGC) with a stable outlook.The rating is driven by CGC’s status as a development financial institution (DFI) for which the government through Bank Negara Malaysia (BNM), CGC’s main shareholder, has continued to provide support. In its role, CGC provides credit guarantees on loans and...

This article has been viewed 195 times.
Friday, Dec 14, 2018
MARC has affirmed its AAA financial institution (FI) rating on Credit Guarantee Corporation Malaysia Berhad (CGC) with a stable outlook. The rating reflects CGC’s public policy role as a development financial institution (DFI) for which the government through Bank Negara Malaysia (BNM) has continued to provide support. In its role, CGC provides credit guarantees on loans and financing exte...

This article has been viewed 359 times.
Thursday, Dec 21, 2017
MARC has affirmed its AAA financial institution rating on Credit Guarantee Corporation Malaysia Berhad (CGC) with a stable outlook. As a development financial institution (DFI), CGC plays a public policy role to facilitate access to financing for SMEs by providing credit guarantees on loans extended by financial institutions. It is majority-owned by Bank Negara Malaysia. MARC considers these k...

This article has been viewed 426 times.
Wednesday, Apr 12, 2017
MARC has affirmed its AAA financial institution rating on Credit Guarantee Corporation Malaysia Berhad (CGC) with a stable outlook. CGC is a development financial institution (DFI) with majority shareholding held by the central bank, Bank Negara Malaysia. Its public policy role is to facilitate access to financing for small and medium enterprises (SME) by providing credit guarantees on their...

This article has been viewed 496 times.
Thursday, Feb 11, 2016
MARC has affirmed its AAA financial institution rating on Credit Guarantee Corporation Malaysia Berhad (CGC) with a stable outlook. The affirmed rating incorporates a high systemic support uplift from CGC’s standalone credit profile based on its public policy role as a development financial institution (DFI) and its majority ownership by the central bank, Bank Negara Mal...

This article has been viewed 631 times.
Tuesday, Jan 27, 2015
MARC has affirmed its AAA financial institution rating on Credit Guarantee Corporation Malaysia Berhad (CGC) with a stable outlook. The affirmed rating on the government-related entity, incorporates systemic support uplift from the institution’s standalone credit strength based on CGC’s public policy role to facilitate access to financing for small and medium enterprises (SME); and it...

This article has been viewed 735 times.
Wednesday, Feb 12, 2014
MARC has affirmed its AAA issuer rating on Credit Guarantee Corporation Malaysia Berhad (CGC) with a stable outlook. The affirmed rating incorporates systemic support uplift from the institution’s stand-alone credit strength based on CGC’s public policy role to facilitate access to financing for small- and medium-enterprises (SMEs) and its majority ownership by the government via centr...

This article has been viewed 1138 times.
Wednesday, Feb 13, 2013
MARC has affirmed its AAA issuer rating on Credit Guarantee Corporation Malaysia Berhad (CGC) with a stable outlook. The affirmed rating takes into account CGC’s sound capitalisation and prudent investment practices as well as the changes that CGC has embarked on in recent years to transform itself into a commercially driven institution. CGC’s adoption of a risk-adjusted pricing method...

This article has been viewed 888 times.
Monday, Feb 13, 2012
MARC has affirmed its AAA issuer rating on Credit Guarantee Corporation Malaysia Berhad (CGC) with a stable outlook. The rating agency continues to classify CGC as a government-related financial institution on the basis of its public policy role of facilitating access to financing for small and medium enterprises (SMEs) by providing credit guarantees, and its majority government shareholding. CGC&...

This article has been viewed 894 times.