Danajamin PRIHATIN Guarantee Scheme
RM50 Billion Guarantee Scheme announced in the Economic Stimulus Package (“PRIHATIN”) by
YAB Tan Sri Dato’ Haji Muhyiddin bin Haji Mohd Yassin, Prime Minister of Malaysia, on 27 March 2020
Dear Valued Clients and Business Partners,
Danajamin will be the administrator and manager to the Danajamin PRIHATIN Guarantee Scheme (“DPGS”) on behalf of Syarikat Jaminan Pembiayaan Perniagaan Berhad (“SJPP”), a wholly-owned company of Minister of Finance Incorporated.
Following our briefing to Financial Institutions on 8 May 2020, Eligible Financial Institutions may proceed to submit their applications for participation in the Guarantee Scheme to SJPP, effective immediately. Interested corporates should contact their bankers for more information about the DPGS.
The DPGS will be managed by Danajamin, which means that all applications will be subject to credit evaluation by Danajamin. The minimum financing facility amount is RM20 million per transaction.
Operations During the Conditional Movement Control Order
Dear Valued Clients and Business Partners,
As we brace for another wave of COVID 19 infections in Malaysia, we are taking the necessary precautions to ensure that the health and safety of our clients and employees remain as our utmost priority.
Following the Government’s announcement on the Conditional Movement Control Order (CMCO) in Selangor, Kuala Lumpur and Putrajaya from the 22 October until 4 November and the SOPs issued by the Ministry of International Trade and Industry (MITI) issued on the 21st of October 2020.
Danajamin Nasional Berhad is Malaysia’s first and only Financial Guarantee Insurer.
Established in 2009, to be a financial guarantor and a catalyst to stimulate and further develop the Malaysian bond/sukuk market. Danajamin provide financial guarantee insurance for bonds and sukuk issuances to viable Malaysian companies to enable access to the Corporate Bond market.
