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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.

GXBank gets IFC backstop for RM470mil MSME lending push

We haven't written up this one. New Straits Times has the full story — the link below goes straight to it.

Read the original at nst.com.my →

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