ADFIAP/SME Bank Malaysia Study Tour Program on SME Finance Held

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ADFIAP, in cooperation with SME Bank Malaysia, successfully conducted the ADFIAP/SME Bank Malaysia Study Tour Program on SME Finance last June 6 to 8, 2007 in Kuala Lumpur and Malacca, Malaysia with eight (8) participants coming from various member banks in the Pacific Islands (Bank of the Cook Islands); Small Industries Development Bank of India and Export-Import Bank of India; Seylan Bank (Sri Lanka); Oman Development Bank; and, Rural Development Bank (Cambodia) in attendance.

The 3-day study tour program aimed to expose participants to international best practices on SME finance by showcasing current approaches and strategies on the various issues that confront SME financing. The briefing sessions conducted by senior officers of SME Bank Malaysia and Bank Negara Malaysia as well as project visits to Mara Industrial Area in Kuala Lumpur and SME Bank Factory Complex in Malacca provided an excellent platform of exchange of ideas for the participants, project coordinators and speakers alike. The visit to the SME Advisory Units of both SME Bank Malaysia and Bank Negara Malaysia further enhanced the participants’ capabilities in providing better consultancy and advisory services for SMEs.

Malaysia is the fourth country selected by ADFIAP to run the program on SME Finance, the first one being piloted in Manila and co-organized with the Planters Development Bank last April 24 to 26, 2006; second one in Japan in cooperation with the Development Bank of Japan and the Japan Economic Research Institute in November 8 to 10, 2006 and the third one in Thailand in cooperation with SME Bank Thailand from December 13 to 15, 2006 under the SME-FI undertaking held in November 2004 in Kuala Lumpur during the CEO Forum.

ADFIAP’s support for SMEs dates back since its inception 30 years ago through capacity building programs on SME Financing as well as publications which feature various issues on SME Financing.

Dato’ Azmi bin Abdullah, Managing Director, SME Bank Malaysia extended a warm welcome to all the participants who paid a courtesy visit to him on the first day of the program. ADFIAP was represented by its Senior Executive for Membership, Ms. Sandy Lim.

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