• 1st APEC Joint Ministerial Meeting on SME & Women• 7 September 2013

Facilitating & Enhancing Access to Financing

nclusiContents

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nclusiRanked 1st among 185 countries on Ease of Getting Credit for 5 consecutive years…

Source: World Bank Doing Business Report

Category Ranking Source

No. 1 for 5 consecutive years

World Bank (Doing Business 2009, 2010, 2011, 2012 & 2013 Reports)

No. 11 out of 144World Economic Forum (Global Competitiveness Report 2012 – 2013)

‘Getting Credit’

‘Ease of Access to Loans’

‘Ease of Access to Credit’

‘Venture Capital Availability’

No. 8 out of 144World Economic Forum (The Global Competitiveness Reports 2012-2013)

No. 5 out of 62World Economic Forum (The Financial Development Report 2012)

nclusiContributing factors …

• SME financial exhibitions• Mass media advertisements• Distribution of promotional materials through strategic

partners, including Local Authorities

• Small Debt Resolution Scheme (SDRS)

• Agensi Kaunseling dan Pengurusan Kredit (AKPK)

• BNMLINK, BNMTELELINK, Mobile LINK

• Financing Help Desks at SME Business Associations

• ABMConnect

• Bankinginfo and SMEinfo

• Complaint & SME Advisory Units at FIs

• Microfinance Institutional Framework

• Strengthening the Dev. Financial Institutions (DFI)

• Credit Guarantee Corporation (CGC) & PROKHAS

• Credit Bureau Malaysia

• SME Financing Facilitation (ABM-PARTNER)

• Pro-SMEs Guidelines

Financial InfrastructureI

Avenues to Obtain Information & Advice/Redress II

Debt Resolution & ManagementIII

Outreach & Awareness ProgrammesIV

Source: Central Bank Malaysia

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nclusiWomen-owned enterprises account for 19.7% of SMEs

MALAYSIA (2010)

TAIWAN1

(2010)AUSTRALIA2

(2009)

19.7% 36.2% 31.5%

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Sources:1.Economic/SME Census 2011, Department of Statistics Malaysi2.Ministry of Finance Tax Data Center, Taiwa3. Australian Government, Department of Innovation, Industry, Science and Research.

88% are MICRO

nclusiMore than 50% of SMEs benefitted from Government financing scheme or funding from the financial system…

Source: Department of Statistic MalaysiaMICRO SMALL MEDIUM

Sources of funding for SMEs are mainly obtained

fromshareholder contributions

or through internal fundraising

Sources of funding for SMEs are mainly obtained

fromshareholder contributions

or through internal fundraising

Other sources

Friends & relatives

Shareholders or Internal generated Funding

Bank, Financial or Micro Credit Institutions

Approval rate for SMEs remains high at 88%

40.255.1 54.1 45.3

57.870.4 77.5 28.4

88.1%

66.1%

0102030405060708090

2006 2007 2008 2009 2010 2011 2012 Jan-May2013

RM b

0102030405060708090100

%

RM approved (SMEs) SMEs All Customer

Source: Central Bank Malaysia

… this includes financing application by women entrepreneurs…

Source: 2Q 2012 SME Corp Survey on SMEs

33%Applied

67%Did not apply Rejected 13%

33% applied for financing 87% of financing application approved

Approved 87%

nclusi Amanah Ikhtiar Malaysia (AIM)

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Private trust that serves as a microfinance institution which is provides microfinance to poor and low-income households in Malaysia

Household monthly income must not exceed USD625 or per capita USD125

Maximum tenure : 25 weeks to 6 months Maximum financing : USD6,250

Working capital for all economic activities

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nclusiWay Forward…

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4th Global Entrepreneurship Summit 2013

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11 – 12 October 2013in

Kuala Lumpur Convention Centre

THEME:“EMPOWERING & CONNECTING ENTREPRENEURS”

http://www.geskualalumpur2013.org/index.html

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