RHB, CGC in LCTF portfolio guarantee deal

PETALING JAYA: RHB Bank Bhd has signed a portfolio guarantee worth RM400mil with Credit Guarantee Corp Malaysia Bhd (CGC). The landmark agreement includes a RM100mil allocation to the Low Carbon Transition Facility (LCTF) 1, marking Malaysia’s first LCTF portfolio guarantee aimed at assisting small and medium enterprises (SMEs) in transitioning to a low-carbon economy..