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 Recovery Conditional Movement Control
At Danajamin, we know this is an extremely challenging time for everyone. The novel coronavirus pandemic is putting increased demands on all of us, and we are finding ways to adjust to the rapid changes impacting our everyday lives.
As we continue to provide you with the best service during these trying times, we can’t emphasize enough that the health and well-being of our employees, clients and business partners are paramount to us.
In response to the Government’s announcement on 28 August 2020 with regards to the extension of Recovery Conditional Movement Control from 31 August to 31 December 2020, we have implemented preventive measures in line with the Standard Operating Procedures set by the Malaysian Government.
Over RM10 billion
Bonds and Sukuk Programmes for
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.