PROJECT

Projects

Summary of Investment Information

Project Number

53091

Company Name

CFLG GX BANK BERHAD

Date SPI Disclosed

May 22, 2026

Country

Malaysia

Region

East Asia and the Pacific

Projected Board Date

Jun 30, 2026

Environmental Category

FI-2 - Limited

Status

Pending Approval

Last Updated Date

May 23, 2026

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Sector

Commercial Banking - General

Project Description

The proposed investment is an unfunded guarantee facility comprising a 90:10 pari-passu risk sharing on first loss tranche between IFC and GX Bank Berhad (GXBank or the Bank) in Malaysia to support eligible micro, small and medium enterprises (MSME) portfolio of loans to be originated by the Bank, in the amount of up to approximately US$110 million in Malaysian Ringgit (MYR) equivalent. IFC’s maximum exposure under the first loss risk will be up to US$4.95 million in MYR equivalent. IFC’s catalytic investment will provide a de-risking instrument helping the Bank to scale lending to underserved MSMEs, including women-owned MSMEs and self-employed individuals for business purpose loans (the Project). The Project would be processed under IFC’s Catalytic First Loss Guarantee (CFLG) under the MSME Finance Platform, a programmatic approach to scale-up financing for MSMEs in eligible countries.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation