KUALA LUMPUR (Could 31): Credit score Assure Corp Malaysia Bhd (CGC) and Credit score Counselling and Debt Administration Company (AKPK) have signed a memorandum of understanding (MoU) on elevating micro, small and medium enterprises (MSMEs) and people’ monetary literacy.

In a joint assertion Tuesday (Could 31), each corporations stated the partnership would allow CGC to refer its MSME clients to AKPK’s e-learning programs, workshops and webinars on subjects associated to monetary literacy and monetary administration.

“These MSME clients may even be referred to AKPK for debt administration initiatives.

“Earlier this yr, CGC began referring its BizMikro-i candidates to attend AKPK’s e-learning course, referred to as Bijak Wang Bijak Niaga.

“The course is part of the advisory companies beneath the CGC Developmental Programme that gives hand-holding initiatives to MSMEs,” the assertion stated.

It additionally stated the collaboration is according to Financial institution Negara Malaysia’s imaginative and prescient of the Nationwide Technique Monetary Training Community (FEN), which goals to enhance the monetary well-being of Malaysians.

“AKPK’s clients considering MSME financing will be capable to leverage GCC’s imSME portal, which is Malaysia’s first SME on-line financing or mortgage referral platform that may present entry to financing alternatives from CGC, in addition to from different monetary establishments, developmental monetary establishments, and various financiers.

“They may even be capable to take part within the CGC Developmental Programme, a two-pronged programme offering members with advisory companies for entry to financing and entry to market,” it stated. 

CGC president and chief government officer Datuk Mohd Zamree Mohd Ishak stated the sturdy synergy between CGC and AKPK will help the general public by way of monetary training and help their aspiration ought to they goal to be entrepreneurs.

“CGC believes in talent enhancements and this collaboration will allow our MSME clients to capitalise on AKPK’s e-learning programs, workshops and webinars on monetary literacy, in addition to its debt administration initiatives,” he stated.

Mohd Zamree additionally famous that the win-win collaboration would promote monetary literacy and tackle FEN’s vital agenda in serving to Malaysians enhance their monetary well-being and constructing a robust basis for the nation’s monetary future.

In the meantime, AKPK chief government officer Azaddin Ngah Tasir stated the collaboration permits the corporate to additional broaden its attain and provide its options to CGC clients and vice-versa.

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