1. 1 st APEC Joint Ministerial Meeting on SME & Women 7 September 2013 Facilitating & Enhancing Access to Financing

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4. Ranked 1 st 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 144 World 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 144 World Economic Forum (The Global Competitiveness Reports 2012-2013) No. 5 out of 62 World Economic Forum (The Financial Development Report 2012)

5. nclusi Contributing 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 Infrastructure I Avenues to Obtain Information & Advice/Redress II Debt Resolution & Management III Outreach & Awareness Programmes IV Source: Central Bank Malaysia

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7. Women-owned enterprises account for 19.7% of SMEs MALAYSIA (2010) TAIWAN 1 (2010) AUSTRALIA 2 (2009) 19.7%36.2%31.5% 7 Sources: 1.Economic/SME Census 2011, Department of Statistics Malaysi 2.Ministry of Finance Tax Data Center, Taiwa 3. Australian Government, Department of Innovation, Industry, Science and Research. 88% are MICRO

8. nclusi More than 50% of SMEs benefitted from Government financing scheme or funding from the financial system… Source: Department of Statistic Malaysia MICRO SMALLMEDIUM Sources of funding for SMEs are mainly obtained from shareholder contributions or through internal fundraising Other sources Friends & relatives Shareholders or Internal generated Funding Bank, Financial or Micro Credit Institutions

9. Approval rate for SMEs remains high at 88% Source: Central Bank Malaysia

10. … 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 %

11. nclusi Amanah Ikhtiar Malaysia (AIM) 11 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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13. nclusi Way Forward…

14. 14 4 th Global Entrepreneurship Summit 2013

15. 15 11 – 12 October 2013 in Kuala Lumpur Convention Centre THEME: “EMPOWERING & CONNECTING ENTREPRENEURS” http://www.geskualalumpur2013.org/index.html

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