CGC DIGITAL AND CREDIT BUREAU MALAYSIA JOIN FORCES TO HELP MALAYSIAN MSMES BECOME FINANCING READY
Released on: Friday, 24 Jul 2026 11:08AM
CGC Digital and Credit Bureau Malaysia MoU Signing Ceremony
(From left) Sunway Group Deputy President and Credit Bureau Malaysia Chairman, Mr. Evan Cheah, Credit Bureau Malaysia Chief Executive Officer (CEO), Mr. Soo Chin Kang, CGC Digital Chief Executive Officer (CEO), Pn Yushida Hussin and Credit Guarantee Corporation Malaysia (CGC) President and Chief Executive Officer (CEO) En Mohamed Nazri Omar.
Partnership pairs credit insights with digital reach - with initiatives to help business owners assess their financing readiness.
KUALA LUMPUR, July 24 (Bernama) -- CGC Digital, the fintech subsidiary of Credit Guarantee Corporation Malaysia Berhad (CGC), and Credit Bureau Malaysia (CBM), a licensed credit reporting agency, have signed a Memorandum of Understanding (MoU) to help Malaysia's micro, small and medium enterprises (MSMEs) understand their credit position and become financingready. The partnership brings together CGC Digital's digital platforms and MSME reach with CBM's capabilities in credit information and risk analytics.
In this collaboration, CGC Digital and CBM will explore developing credit risk models and analytical solutions that deepen understanding of MSME needs and strengthen decision-making across the financing ecosystem. The collaboration will also explore joint education and outreach initiatives, using both organisations' networks to reach a wider group of business owners and raise awareness of the financing and credit-information support available to them.
"Many MSMEs struggle not just to access financing, but to understand their own credit position and what support actually fits their business,” said Yushida Husin, Chief Executive Officer of CGC Digital. “By pairing CBM's credit insights with the reach of our digital platforms, we can help more business owners see clearly where they stand and take practical steps to become financing-ready.”
“By combining CBM’s credit analytics capabilities with CGC Digital’s extensive MSME ecosystem, this collaboration reflects our shared ambition to strengthen entrepreneurship, unlock greater economic value and contribute to a more inclusive and resilient Malaysian economy,” said Soo Chin Kang, Chief Executive Officer of Credit Bureau Malaysia.
The partnership marks another step in CGC Digital's efforts to strengthen its digital financing ecosystem through strategic collaboration. CGC Digital remains committed to serving the unserved and underserved MSME segment improving access to financing, trusted insights and practical tools that help Malaysian businesses to make informed decisions and grow with confidence.
About CGC Digital
CGC Digital is a fintech company, established as the digital arm of Credit Guarantee Corporation Malaysia Berhad. Registered in July 2022, its primary goal is to empower micro, small, and medium enterprises (MSMEs) by creating a simpler, more seamless financing experience in the digital ecosystem.
For more information, visit www.cgcdigital.com.my.
About Credit Bureau Malaysia
Credit Bureau Malaysia (CBM) is a licensed credit reporting agency in Malaysia, established in 2008 and regulated under the Credit Reporting Agencies Act 2010. It operates under the supervision of the Registrar of Credit Reporting Agencies of the Ministry of Finance. CBM is jointly owned by Sunway Group and Credit Guarantee Corporation Malaysia Berhad (CGC) and was the first credit reporting agency granted access to Bank Negara’s Central Credit Reference Information System (CCRIS).
CBM provides comprehensive credit information and insights for both individuals and businesses, supporting informed decision-making and responsible credit practices. Through its data and digital solutions, CBM helps consumers better understand their credit health, while enabling financial institutions and businesses to make informed decisions through reliable credit intelligence.
SOURCE: Credit Guarantee Corporation Malaysia Berhad (CGC)
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Chin Sze Yuen
Head Partnerships and Marketing
CGC Digital
Email: szeyuen.chin@cgcdigital.com.my
Name: Whitney Chong
Lead, Growth Strategy
Sunway Fintech
Email: whitneycsm@sunway.com.my
--BERNAMA
Partnership pairs credit insights with digital reach - with initiatives to help business owners assess their financing readiness.
KUALA LUMPUR, July 24 (Bernama) -- CGC Digital, the fintech subsidiary of Credit Guarantee Corporation Malaysia Berhad (CGC), and Credit Bureau Malaysia (CBM), a licensed credit reporting agency, have signed a Memorandum of Understanding (MoU) to help Malaysia's micro, small and medium enterprises (MSMEs) understand their credit position and become financingready. The partnership brings together CGC Digital's digital platforms and MSME reach with CBM's capabilities in credit information and risk analytics.
In this collaboration, CGC Digital and CBM will explore developing credit risk models and analytical solutions that deepen understanding of MSME needs and strengthen decision-making across the financing ecosystem. The collaboration will also explore joint education and outreach initiatives, using both organisations' networks to reach a wider group of business owners and raise awareness of the financing and credit-information support available to them.
"Many MSMEs struggle not just to access financing, but to understand their own credit position and what support actually fits their business,” said Yushida Husin, Chief Executive Officer of CGC Digital. “By pairing CBM's credit insights with the reach of our digital platforms, we can help more business owners see clearly where they stand and take practical steps to become financing-ready.”
“By combining CBM’s credit analytics capabilities with CGC Digital’s extensive MSME ecosystem, this collaboration reflects our shared ambition to strengthen entrepreneurship, unlock greater economic value and contribute to a more inclusive and resilient Malaysian economy,” said Soo Chin Kang, Chief Executive Officer of Credit Bureau Malaysia.
The partnership marks another step in CGC Digital's efforts to strengthen its digital financing ecosystem through strategic collaboration. CGC Digital remains committed to serving the unserved and underserved MSME segment improving access to financing, trusted insights and practical tools that help Malaysian businesses to make informed decisions and grow with confidence.
About CGC Digital
CGC Digital is a fintech company, established as the digital arm of Credit Guarantee Corporation Malaysia Berhad. Registered in July 2022, its primary goal is to empower micro, small, and medium enterprises (MSMEs) by creating a simpler, more seamless financing experience in the digital ecosystem.
For more information, visit www.cgcdigital.com.my.
About Credit Bureau Malaysia
Credit Bureau Malaysia (CBM) is a licensed credit reporting agency in Malaysia, established in 2008 and regulated under the Credit Reporting Agencies Act 2010. It operates under the supervision of the Registrar of Credit Reporting Agencies of the Ministry of Finance. CBM is jointly owned by Sunway Group and Credit Guarantee Corporation Malaysia Berhad (CGC) and was the first credit reporting agency granted access to Bank Negara’s Central Credit Reference Information System (CCRIS).
CBM provides comprehensive credit information and insights for both individuals and businesses, supporting informed decision-making and responsible credit practices. Through its data and digital solutions, CBM helps consumers better understand their credit health, while enabling financial institutions and businesses to make informed decisions through reliable credit intelligence.
SOURCE: Credit Guarantee Corporation Malaysia Berhad (CGC)
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Chin Sze Yuen
Head Partnerships and Marketing
CGC Digital
Email: szeyuen.chin@cgcdigital.com.my
Name: Whitney Chong
Lead, Growth Strategy
Sunway Fintech
Email: whitneycsm@sunway.com.my
--BERNAMA