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 Movement Control Order
Dear Valued Clients and Business Partners,
As we traverse these turbulent times amidst the Covid-19 pandemic, our heartfelt support and solidarity are with you and all those affected. This is a period of uncertainty for everyone affecting almost every aspect of our personal and professional lives.
Today we are sharing an update concerning the status of our operations in line with the reimposition of the Movement Control Order (MCO) on 11 January 2021 in six states/territories in Malaysia – Penang, Selangor, the Federal Territories (Kuala Lumpur, Putrajaya and Labuan), Melaka, Johor and Sabah and the Proclamation of an Emergency on 12 January 2021.
- We are firmly committed to address any potential impact to our clients and will continue to work with all of you as efficiently as possible. Our office premises will be open from 9.00 am to 6.00 pm daily (except for weekends and public holidays).
- While the way we work has changed, our commitment to quality delivery and shared cooperation has not. Although we will continue to implement our COVID-19 standard operating procedures with most of our staff working from home, our office will still be open for some of our staff to undertake necessary and limited activities as well as to receive mails, documents and parcels. All of our staff will be contactable via their email and mobile numbers.
- During this period, normal mails can be deposited to our office mailbox while documents and parcels (sent via dispatch or courier) can be delivered to our office at Level 18 from 9.00 am to 6.00 pm (Monday to Friday). Please feel free to call us in advance, should you require any special arrangements.
- We continue to be well prepared to serve our clients remotely. Our IT team has employed proactive measures and we have successfully ensured that our staff are capable of working from anywhere and meetings can be held virtually. At all times, we aim to be fully accessible and responsive.
- Should you face any issues reaching out to your contact point at Danajamin, please do not hesitate to drop an email to communications@danajamin.com with your contact details and we will ensure that you receive a response from our team.
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.
