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.
We will continue to update you via our website. In the meantime, if you have any questions, kindly forward your enquiry to clientcoverage@danajamin.com.
Management of Danajamin
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.
