- BNM acts as the Secretariat for the Small Debt Resolution Committee (SDRC).
- The SDRC comprises 11 committee members, two of which are representatives of BNM.
New Financing Under SDRS
- Where new financing is deemed justified, it shall be granted under existing SME financing schemes established by BNM (i.e. existing BNM’s fund available)
- Participating FIs / IFIs shall seek confirmation from the Secretariat on the appropriate BNM financing schemes, from which new financing will be granted
- All features of eligibility are according to each BNM fund guidelines.
Terms and Conditions apply.