GXBank partners with IFC in risk-sharing deal to unlock up to US$110 mil in MSME financing

IFC first-loss coverage gives GXBank capacity to extend credit to thin-file businesses Digital underwriting & guarantee schemes support GXBank’s push to close the MSME financing gap GX Bank Bhd (GXBank) and International Finance Corporation (IFC), a member of the World Bank Group focused on the private sector, have entered into a risk-sharing partnership. Under the agreement, IFC will provide up to US$5 million (RM20 million) in unfunded first-loss coverage. The facility will help GXBank protec

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