10 June 2026
Alliance Bank and CGC Expand Access to RM2 Billion Financing to Support SMEs
Press Release
Kuala Lumpur, 10 June 2026 - Alliance Bank Malaysia Berhad (“Alliance Bank” or the “Bank”) and Credit Guarantee Corporation Malaysia Berhad (“CGC”) have sealed a portfolio guarantee (PG) agreement to enhance financing access for small and medium enterprises (SMEs) across the country. The partnership will see Alliance Bank providing up to RM2 billion in a range of financing solutions with CGC contributing portfolio guarantee support. Under the arrangement, Alliance Bank remains the financing provider while CGC provides the portfolio guarantee.
The Bank will make available financing facilities for eligible SMEs to be utilised for working capital and business expansion. This initiative underscores Alliance Bank’s commitment to supporting SMEs by expanding financing avenues that can enable businesses to seize critical growth opportunities and build long-term sustainability amid current global uncertainties.
The agreement was signed by Mr Kellee Kam, Group Chief Executive Officer of Alliance Bank, and Encik Mohamed Nazri Omar, President and Chief Executive Officer of CGC, and was witnessed by Mr Raymond Chui, Group Chief Business & Transaction Banking Officer of Alliance Bank, and Mr Sean Tan, Chief Business Officer of CGC.
With SMEs navigating an increasingly difficult operating environment, the Bank highlighted that timely and adequate financing can bridge gaps, enabling affected businesses to sustain operational efficiencies, adopt greater digitalisation and strengthen market presence.
Mr Kellee Kam said: "Alliance Bank’s RM2 billion commitment alongside CGC reflects our proactive mandate to champion Malaysian SMEs. We recognise that collateral requirements can stifle viable businesses. Through this portfolio guarantee, we are dismantling those barriers to ensure entrepreneurs have the liquidity they need to innovate, scale, and navigate economic headwinds with confidence. As The Bank For Life, we stand ready to empower their sustained growth."
Alliance Bank has streamlined its application process to improve turnaround time and support a wide array of requirements, while maintaining prudent risk management practices. The portfolio guarantee structure enables the Bank to extend financing more efficiently to support SMEs at various stages of their business lifecycle, including those constrained by limited collateral.
Encik Mohamed Nazri Omar, President and Chief Executive Officer of CGC, said, “This collaboration with Alliance Bank Malaysia Berhad reflects CGC’s continued commitment to strengthening access to financing for SMEs, supporting businesses across different stages of growth. The RM2 billion portfolio guarantee will enable more businesses to obtain the funding they need for working capital and expansion, while enhancing their resilience amid an evolving economic landscape.”
Alliance Bank has disbursed close to RM3 billion since 2018 under various CGC guarantee schemes, delivering customer-centric financial solutions to more than 5,000 SMEs nationwide. This latest collaboration marks another key milestone in the Bank’s ongoing efforts to drive financial inclusion and strengthen SME resilience.
For more information on Alliance Bank’s SME financing solutions, SMEs are encouraged to visit the Alliance Bank website at https://www.alliancebank.com.my/business/SME/Financing.
The Bank will make available financing facilities for eligible SMEs to be utilised for working capital and business expansion. This initiative underscores Alliance Bank’s commitment to supporting SMEs by expanding financing avenues that can enable businesses to seize critical growth opportunities and build long-term sustainability amid current global uncertainties.
The agreement was signed by Mr Kellee Kam, Group Chief Executive Officer of Alliance Bank, and Encik Mohamed Nazri Omar, President and Chief Executive Officer of CGC, and was witnessed by Mr Raymond Chui, Group Chief Business & Transaction Banking Officer of Alliance Bank, and Mr Sean Tan, Chief Business Officer of CGC.
With SMEs navigating an increasingly difficult operating environment, the Bank highlighted that timely and adequate financing can bridge gaps, enabling affected businesses to sustain operational efficiencies, adopt greater digitalisation and strengthen market presence.
Mr Kellee Kam said: "Alliance Bank’s RM2 billion commitment alongside CGC reflects our proactive mandate to champion Malaysian SMEs. We recognise that collateral requirements can stifle viable businesses. Through this portfolio guarantee, we are dismantling those barriers to ensure entrepreneurs have the liquidity they need to innovate, scale, and navigate economic headwinds with confidence. As The Bank For Life, we stand ready to empower their sustained growth."
Alliance Bank has streamlined its application process to improve turnaround time and support a wide array of requirements, while maintaining prudent risk management practices. The portfolio guarantee structure enables the Bank to extend financing more efficiently to support SMEs at various stages of their business lifecycle, including those constrained by limited collateral.
Encik Mohamed Nazri Omar, President and Chief Executive Officer of CGC, said, “This collaboration with Alliance Bank Malaysia Berhad reflects CGC’s continued commitment to strengthening access to financing for SMEs, supporting businesses across different stages of growth. The RM2 billion portfolio guarantee will enable more businesses to obtain the funding they need for working capital and expansion, while enhancing their resilience amid an evolving economic landscape.”
Alliance Bank has disbursed close to RM3 billion since 2018 under various CGC guarantee schemes, delivering customer-centric financial solutions to more than 5,000 SMEs nationwide. This latest collaboration marks another key milestone in the Bank’s ongoing efforts to drive financial inclusion and strengthen SME resilience.
For more information on Alliance Bank’s SME financing solutions, SMEs are encouraged to visit the Alliance Bank website at https://www.alliancebank.com.my/business/SME/Financing.
(From left) Mr Raymond Chui, Group Chief Business & Transaction Banking Officer of Alliance Bank, Mr Kellee Kam, Group Chief Executive Officer of Alliance Bank, Encik Mohamed Nazri Omar, President and Chief Executive Officer of CGC, and Mr Sean Tan, Chief Business Officer of CGC, at the RM2 billion portfolio guarantee signing ceremony.
