The pilot phase of the Scheme is presently being implemented  through  the  Bank  of  Industry (BOI) with the development of an application portal and processing of submitted applications. ii. The Equity Investment Component – is designed to support start-ups, existing 10  businesses requiring expansion, and ailing businesses seeking resuscitation.
According to incoming data, there has been progress since the beginning of the year in the area of banks’ Non Performing Exposures (NPE). At end-June 2017, the stock of NPEs (including off balance sheet items) was 3.2% lower than at end-December 2016. 2.