Malaysia

Seventy-five per cent of OCBC AL-Amin Bank's Islamic business is coming from SMEs in the downturn.

The state government and banks have been asked to simplify loan conditions for small medium enterprises (SME) entrepreneurs to assist them in expanding their business and help boost the economy.

The SME Credit Bureau, formed by the government's Corporate Guarantee Corporation (CGC), will undertake ratings of small and medium enterprises (SMEs) to help accelerate the sector's growth.

Standard Chartered Bank Malaysia plans to disburse loans for small and medium enterprises backed by the Credit Guarantee Corporation.

Malaysian government seeks to address the communication gap between SMEs and financial institutions.

SMEs should make a full disclosure of all vital financial data when applying for bank loans according to the Association of Banks in Malaysia

Complaints from local SMEs about a lack of access to funding has prompted the government to investigate the funding offerings provided by the banks.  

SME Bank expects loan approavals to rise by 10 percent this year.

Malaysian government is allocating 2.4 billion euros to local SMEs.

RHB Islamic Bank targets the SME sector and expects to see good growth in the coming years.