Small Debt Resolution Scheme (SDRS)
Objectives
To assist SMEs facing business financing problem with financial institutions through restructuring or rescheduling or the existing financing
Financing type
Restructuring & ReschedulingEligibility criteria
- Malaysian owned companies (at least 51% shareholding) in all economic sectors
- Meet the SME definition criteria:
- Number of full time employees not exceeding 200;
- Annual sales turnover not more than RM50 million
- Viable SMEs facing financial difficulties with financing from financial institutions
- Applicable for business related financing only
- Business is still on-going
Application procedure
- Submit complete SDRS application to Participating Financial Institutions or BNMLINK / BNM Regional Offices / Branch
- SDRS Secretariat of BNM shall contact applicant
- Evaluation of application by PFIs
- If application is approved, PFIs and borrower implement new financing terms
- If application is rejected, SDRS Secretariat of BNM will undertake an independent assessment on the application
- Participating PFIs:
- All commercial banks
- All Islamic banks
- Bank Rakyat
- Bank Pembangunan Malaysia
- Bank Pertanian Malaysia (Agrobank)
- SME Bank
- EXIM Bank
- Bank Simpanan Nasional (BSN)
For further information
Bank Negara Malaysia (BNM)
Jalan Dato’ Onn
50480 Kuala Lumpur
Tel: 03-21741515
Email: bnmtelelink@bnm.gov.my