Indonesia

A central bank linkage programme has helped boost lending by commercial banks to the country's many small businesses.

The Islamic Corporation for Development (ICD) of the Private Sector pledges further support and partnerships with local SMEs.

Factoring remains a minor financial instrument in the country, and one that is still in the hands of banks.

The Islamic Corporation for Development of the Private Sector (ICD) extends funding to Indonesian SMEs.

Indonesia's SMEs remain optimistic about the country's economic prospects for the first half of 2009 despite the global economic turmoil

HSBC Indonesia has launched an import credit facility for mostly small- and medium-sized enterprises.

Bank Mandiri signed cooperation agreements with three firms to provide low-interest loans worth Rp36.6bn (US$3.95 m) for micro, small- and medium-sized enterprises (MSMEs) under their supervision.

The government kicked off its SME empowerment program with the signing of agreements on debts for 12 MSME businesses in a ceremony held by President Yudhoyono.

Bank Danamon Syariah disbursed Rp35bn in asset-based financing as of the end of September, after introducing the scheme in July.

The Indonesian and Australia governments are jointly providing funding for a special project to build the export capacity of SMEs in Indonesia.