KUALA LUMPUR, 24 July 2026 – 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 financing-ready. The partnership brings together CGC Digital’s digital platforms and MSME reach with CBM’s capabilities in credit information and risk analytics.
(From left) Evan Cheah, Deputy President of Sunway Group and Chairman of Credit Bureau Malaysia; Soo Chin Kang, Chief Executive Officer of Credit Bureau Malaysia; Yushida Husin, Chief Executive Officer of CGC Digital; and Mohamed Nazri Omar, President and Chief Executive Officer of Credit Guarantee Corporation Malaysia Berhad (CGC).
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.
