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logo-Danajamin

Malaysia’s first and only Financial Guarantee Insurer

Wholly owned by Bank Pembangunan Malaysia Berhad (“BPMB”), Danajamin is rated AAA by both RAM Rating Services Bhd (RAM) and Malaysia Rating Corporation (MARC). 

The drive behind the formation of Danajamin was to provide credit enhancements to facilitate corporations with viable businesses to enable access to the Malaysian Corporate Bond market.

Since our inception in 2009, we have been proudly championing the ambitions of viable Malaysian corporates by enabling access for their funding needs.
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Over the years, our role has expanded beyond the Malaysian Corporate Bond market in line with market needs which now sees Danajamin offering our credit enhancement product for financing facilities.

Danajamin is regulated and supervised by Bank Negara Malaysia under the Financial Services Act 2013.

Mission Statement

Vision

To help deserving Malaysian corporates access funding opportunities in order for them to contribute towards sustainable economic growth.
Vision of Danajamin
Mission of Danajamin

Mission

We create trust and confidence between corporates and investors with our financial guarantee.

We aim to achieve this by:

Maintaining stakeholders’ confidence in our organisation
Matching clients’ financing needs with investor appetite
Complementing banks in finding optimal financial solutions for clients
Attracting and developing an engaged and competent workforce who live our core values

Our Milestone

2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
April 2021
The Green Technology Financing Scheme 3.0 (GTFS 3.0) has been launched as part of the Government’s agenda to support Sustainable and Responsible Investment (SRI) as well as drive green and sustainable standards in Malaysia.
May 2021
Danajamin guarantees the Class C Islamic medium-term notes of up to RM170 milllion under a first issuance of the Sukuk Ijarah of up to RM800 miliion (“First Tranche”) pursuant to a 20-year asset-backed Islamic medium term notes programme of up to RM3 billlion.
Issuer: AC First Genesis Berhad.
February 2020
Danajamin provides the guarantees for the standby working capital and liquidity facilities for tranche 1 of the Islamic Medium Term Note (“IMTN”) & Islamic Commercial Paper (“ICP”) sukuk programm for the purpose to acquire the beneficial interest in certain real estate development projects
Issuer: EXSIM Group
July 2020
New Government Scheme launched - Danajamin PRIHATIN Guarantee Scheme (“DPGS”). The guarantee scheme is expected to support medium to large local businesses by providing an avenue to recuperate and withstand the economic impact of COVID-19.
January 2019
Danajamin Guarantees Liquidity Support For A Structured Transaction In Malaysia That Securitises Progress Billings of Multiple Development Projects By Exsim Development Sdn Bhd
February 2019
Danajamin Marks its First Participation in ASEAN Green Socially Responsible Investment (“SRI”) Sukuk Programme through Pasukhas Green Assets Sdn Bhd guarantee
13 March 2018
Danajamin guarantees up to RM150.0 million of the 7-year RM250.0 million Unrated Medium Term Notes Programmes (Unrated Corporate Bond). This is the first Unrated Corporate Bond guaranteed by Danajamin.
Issuer: Eco Botanic Sdn Bhd
August 2018
Danajamin introduced an additional approach to the Financial Guarantee Insurance facility called Investor Guarantee where the bonds/Sukuk are issued on a standalone basis and the investors will have the option to decide on the extent of protection required from Danajamin.
23 October 2018
Danajamin co-guarantee the issuance of RM639 million Senior Sukuk Murabahah for the development of a new teaching hospital and medical academic centre.
Issuer: TRIplc Medical Sdn Bhd
December 2018
Launched new product - Financing Facilities Guarantee product approved by Bank Negara for Pilot Phase.
29 August 2017
Danajamin achieves two “firsts” by applying a “drop-off” guarantee structure for a “live” bond programme which had been established by the issuer in 2013.
Issuer: Northern Gateway Infrastructure Sdn Bhd
6 October 2017
Danajamin issues Tier-2 Subordinated Sukuk amounting to RM500 million as part of its Capital Management Plan.
28 April 2016
Danajamin guarantees its largest issuance and fronting with AAA-rated bank – RM635 million.
Issuer: Perdana Petroleum Berhad
5 December 2016
Quill Retail Malls Sdn Bhd fully redeemed its RM260 million FGI facility. This marks Danajamin’s 7th full redemption to date.
31 December 2016
Danajamin hits market impact of RM15.2 billion.
16 November 2015
Inaugural asset-backed securitisation transaction through a RM450 million sukuk ijarah programme.
Issuer: Purple Boulevard Berhad
30 September 2014
Danajamin signs strategic collaboration agreement with Credit Guarantee and Investment Facility (CGIF) to unlock the potential of capital markets.
1 April 2013
Danajamin hits RM6 billion for total guarantee provided.
4 January 2012
Ranhill Power’s RM800 million bond program, co-guaranteed by Danajamin and Maybank Islamic, awarded Sukuk Musyarakah deal 2012 by Islamic Finance News. It is the first and only ringgit-based transaction to be co-guaranteed by a bank and financial guarantee insurer, Danajamin.
31 July 2012
Danajamin executes its first guarantee for a structured transaction.
Issuer: Mecuro Properties Sdn Bhd
2 June 2011
Danajamin executes its first co-guarantee transaction with Maybank Islamic Berhad.
Issuer: Ranhill Power Sdn Bhd
17 June 2011
Danajamin executes its first standalone & guaranteed transaction.
Issuer: Ranhill Powertron II Sdn Bhd
2 August 2011
Danajamin executes its first 20-year programme transaction – the longest tenure to-date.
Issuer: Senari Synergy Sdn Bhd
8 December 2011
Danajamin partners Maybank and OCBC for its first syndicated guarantee transaction.
Issuer: Silver Sparrow Sdn Bhd
3 March 2010
Danajamin announces inaugural Guarantee Agreement to guarantee RM250 million sukuk issuances.
29 June 2010
Issuance of the first Danajamin Guaranteed Bonds.
Issuer: Syarikat Kapasi Sdn Bhd
23 July 2010
Issuance of the first Danajamin Guaranteed Sukuk.
Issuer: LBS Bina Sdn Bhd
2009
Establishment of Danajamin.
30 June 2009
Danajamin issues its Underwriting Policy which will serve as a guideline in evaluating applications for financial guarantee insurance.

Frequently Asked Questions

Who owns Danajamin?

Danajamin is wholly owned by Bank Pembangunan Malaysia Berhad (“BPMB”).

Is Danajamin credit rated?

Yes, we are rated “AAA” by both Malaysian rating agencies, RAM Rating Services Berhad and Malaysian Rating Corporation Berhad.

Does Danajamin provide financing?

No, Danajamin does not provide any financing or credit facilities. Companies are advised to get in touch with their respective Financial Institutions for any financing or credit facilities matters.

Does Danajamin publish its financial statements and provide updates on its business operations?

Yes, we publish our financial statements and provide periodic updates of our business operations on the website.

To download a copy of the latest full year and interim financial statements, please go to the Financials Results page.

Does Danajamin publish the information of Bonds / Sukuk guaranteed and the names of the issuers?

Yes, we publish salient information of the Bonds / Sukuk guaranteed by Danajamin including, amongst others, the name of the issuers, tenures and maturities on our website. To view this information, please go to the Market Impact.

How does Danajamin ensure that the public funds provided for the Company’s operations are properly utilized?

Danajamin’s modus operandi and our use of public money require us to exercise a high level of responsibility, accountability and transparency. We are regulated by BNM and subjected to regulations under Financial Services Act 2013.

The Board and Management of Danajamin recognize the need to conduct the Company with integrity and hence have put in place a strong corporate governance framework. To begin with, Danajamin has a strong and an experienced Board. The Board consists of 6 members i.e., 5 independent non-executive directors and a non-independent non-executive director from our shareholder. The Board is qualified and experienced and a majority is from the private sector in relevant areas e.g. banking and financial industry. Together they bring depth and diversity in expertise and perspective to the leadership of Danajamin and allow for an independent and objective analysis of major issues. The Board is responsible for the policies and general affairs of Danajamin.

All applications for Danajamin’s Financial Guarantee, regardless of quantum, is subject to a two-step approval process via the Management Underwriting Committee and Board Underwriting Committee.

As a Government-owned company funded with public money, we are mindful of our responsibility and need to be accountable towards our shareholders and ultimately, the taxpayers of Malaysia. Danajamin is committed to continue running its operations in a transparent and professional manner with proper checks and balances in place.

Is Danajamin a finite-life agency?

Danajamin is not a finite life agency and is intended to be a going concern.

This is in consistent with Danajamin’s role as a catalyst to stimulate and further develop the Malaysian Capital Markets which is a longer term objective.
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