PETALING JAYA: Cagamas Holdings Bhd reported a resilient performance for its financial year ended Dec 31, 2025 (FY25), underpinned by disciplined execution, with agility in business strategies and tactical execution, as well as stronger engagement with investors and stakeholders.
The group recorded a profit before tax of RM476.9 million, sustaining its positive performance trend over the past five years.
Total assets expanded to RM56.2 billion, underpinned by prudent capital and liquidity management.
Group chairman Datuk Bakarudin Ishak said, “2025 was a pivotal year for the group, marked by stronger market presence and deeper engagement with key stakeholders, supported by disciplined funding execution and a strengthened risk culture.”
During the year, Cagamas raised a record RM31.3 billion through bonds, sukuk and other funding instruments, the highest annual fundraising amount in the group’s history. This supported the acquisition of RM23.4 billion in loans and financing under the Purchase with Recourse Programme, reinforcing Cagamas’ role as the preferred market liquidity provider.
To support future funding needs and enhance flexibility, the group established a new RM80 billion medium-term notes and Islamic medium-term notes programme.
Further, investor engagement remained a key priority with the successful organisation of the inaugural Cagamas Investor Forum, which brought together investors, regulators and stakeholders to exchange insights on performance, strategy and sustainability initiatives.
The group continued to strengthen its risk culture through robust governance, clear risk appetite settings and effective controls, with capital indicators remaining comfortably within prudent thresholds.
Sustainability remained central to Cagamas’ mandate in 2025. A key milestone was the launch of the Green Mortgage Guarantee Programme, which supports energy-efficient housing and encourages environmentally responsible home ownership.
The group continued to facilitate affordable housing nationwide. Since its inception, Cagamas has supported housing financing for approximately 2.3 million homes, including assistance to more than 110,000 first-time homebuyers, the majority from the B40 income segment.
“Looking ahead, Cagamas will continue to strengthen its core capabilities, deepen investor relationships and enhance operational discipline, while remaining focused on our mandate to support market liquidity and sustainable growth.
“We thank our investors, partners and stakeholders for their continued support as we build on the progress achieved in 2025,” he said.
