GXBank gets IFC backstop for RM470mil MSME lending push
KUALA LUMPUR: GXBank has secured up to US$4.95 million (RM21 million) in first-loss coverage from the International Finance Corp (IFC), which the bank calls the first risk-sharing partnership of its kind for a Malaysian digital bank.
We haven't written up this one. New Straits Times has the full story — the link below goes straight to it.