Credit Guarantee Corp Malaysia Bhd (CGC) aims to increase its loan base to RM14.5bil by 2020 from RM9bil currently, said president and chief executive officer Mohd Zamree Mohd Ishak.
He said the corporation was also targeting to increase its graduation rate -- companies that no longer require loans from CGC -- to 50% by 2020 from 47% currently, involving 18,000 small and medium enterprises (SMEs).
“CGC also aspires to have an 80% brand awareness among SMEs by 2020,” he told a press conference on the CGC SME Awards on Wednesday.
Mohd Zamree said the loan base target was included in the corporation’s five-year strategic plan slated for 2016-2020.
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He said the corporation was also targeting to increase its graduation rate -- companies that no longer require loans from CGC -- to 50% by 2020 from 47% currently, involving 18,000 small and medium enterprises (SMEs).
“CGC also aspires to have an 80% brand awareness among SMEs by 2020,” he told a press conference on the CGC SME Awards on Wednesday.
Mohd Zamree said the loan base target was included in the corporation’s five-year strategic plan slated for 2016-2020.
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