KELANA JAYA, May 31 (Bernama) — Credit Guarantee Corporation Malaysia Berhad (CGC) and Agensi Kaunseling Pengurusan Kredit (AKPK) signed a Memorandum of Understanding (MoU) today, agreeing on a collaboration to elevate Micro, Small, and Medium Enterprises (MSMEs’) and individuals’ financial literacy, promoting responsible behaviour and rational attitudes.
This collaboration is in line with Bank Negara Malaysia’s vision of the National Strategy Financial Education Network (FEN), which aims to improve the financial well-being of Malaysians. FEN is an inter-agency grouping co-chaired by Bank Negara Malaysia and Securities Commission Malaysia with AKPK as one of its founding members. This National Strategy sets out priorities and actionable plans to equip Malaysians with the knowledge to make informed financial decisions and nurture healthy attitudes in financial management. CGC and AKPK’s partnership is aligned with FEN’s common objective to provide financial education to MSMEs and individuals, ensuring higher awareness of the importance of financial literacy.