Danajamin Nasional Berhad (Danajamin) is a AAA-rated Financial Guarantee Insurer. Our mission is to facilitate capital raising by Malaysian companies from the capital markets by providing financial guarantee insurance, protecting the holders of both Islamic and private debt securities against any missed payments or defaults. The establishment of Danajamin forms part of the on-going effort by the Malaysian Government to ensure the continued flow of credit in the financial system to businesses.
Danajamin facilitates access to long-term capital from the capital markets for Malaysian companies. In exchange for a Danajamin financial guarantee insurance policy, issuers will pay a premium which will be competitively benchmarked against the prevailing cost of raising capital. Issues that have obtained a Danajamin insurance will be rated AAA.
Danajamin was established in May 2009 as part of the RM60 billion stimulus package announced by the Government of Malaysia on 10 March 2009. Danajamin, an entity wholly-owned by the Malaysian Government, has at present an issued and paid-up capital of RM1 billion with a capacity to underwrite policies of up to RM15 billion.
