KUALA LUMPUR: Axiata Digital Capital Sdn Bhd (Aspirasi) has teamed up with Credit Guarantee Corp Malaysia Bhd (CGC) for a potential digital bank guarantee.

       Both companies yesterday signed an MoU for the collaboration which encompasses two key parts.

       The first is to explore extending a portfolio guarantee for the future digital bank’s SME focused loans, which will be an extension of Aspirasi’s current discussions for a similar facility with CGC.

       The second is for Aspirasi to collaborate with CGC in taking up referrals to provide financing for eligible micro-small and medium enterprises (MSMEs) without collateral.