Signing Ceremony between Cagamas and Perbadanan Insurans Deposit Malaysia

Signing Ceremony between Cagamas and Perbadanan Insurans Deposit Malaysia

Cagamas signed an agreement with Perbadanan Insurans Deposit Malaysia (PIDM) to collaborate in strengthening PIDM’s operational readiness in the resolution of troubled member institutions. This collaboration will enable PIDM to have an alternative funding arrangement, giving prompt access to funds sourced from Cagamas’ debt securities issuance from the capital market.