VCI Global Limited announced major milestones for its fintech subsidiary, Credilab Sdn Bhd, for the twelve months ended June 2025. Credilab expanded its loan book to US$35 million, delivering 53% year-over-year revenue growth, while maintaining non-performing loans (NPL) below 3%.
Credilab has received conditional approval for a full online lending license from the Ministry of Housing and Local Government of Malaysia (KPKT). This regulatory milestone is a significant step toward enabling seamless, nationwide access to financing.
Malaysia faces an SME financing gap of about US$64 billion, presenting a strong opportunity for Credilab to scale its AI-powered digital lending platform. The company is positioned to deepen its presence in Malaysia’s SME financing landscape, driving financial inclusion and building a scalable, high-margin growth engine.
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