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


Manufacturing
- companies with sales turnover not exceeding RM 50 million OR full time employees exceeding 200 workers

Incorporated under:

  • Registration of Business Act 1956
  • Companies Act 1965 or 2016
  • Limited Liability Partnership Act 2012
  • Sabah and Sarawak local authorities and district offices
  • Statutory Bodies that provide professional services

Shareholding:
Majority owned and controlled by Malaysia citizen(s)

 

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 businessbanking@ambankgroup.com