Government Guarantee Scheme – Prihatin (GGS Prihatin)
AmBank and AmBank Islamic together with SJPP will offer financing to SMEs impacted by the COVID-19 pandemic through the SJPP GGS Prihatin scheme.
|Purpose of Financing||Working Capital, Capital Expenditure|
|Financing Limit||RM 75,000 to RM 20 million|
|Scheme Limit||RM 5 billion|
|Guarantee Coverage||80% guaranteed by SJPP|
|Guarantee Fee||Up to RM 10 million - 0.75% p.a.|
More than RM 10 million - 1%p.a.
|Guarantee Period||Up to 10 years or until 31 December 2030, whichever is earlier|
|Application Period||1 April 2020 to 31 December 2020 or until the scheme limit is fully utilised, whichever comes earlier|
|Eligibility||SME Companies in ALL Sectors |
Non-Manufacturing - companies with sales turnover not exceeding RM 20 million OR full time employees exceeding 75 workers
For more information, you may contact your dedicated Relationship Manager, call us at our Corporate Services Hotline on 03-2178 3188 (8.45 a.m. to 4.45 p.m.) or email us at email@example.com