Under the framework of our strategic plan for 2005-2010 we will also explore the possibility of allowing the setting up of private sector credit bureaus that will incorporate a lot more information on credit history and behaviour of borrowers.
The State Bank, with the help of ADB’s SME Sector Development Program, will also provide capacity building support to a select group of banks for SME lending including SME Bank. This project will revitalize the SME lending by the participating financial institutions and will be a prototype for other financial institutions who could see financing to SMEs as profitable business ventures.