Financing Small and Medium-Sized Enterprises in Asia and the Pacific: Credit Guarantee Schemes

FINANCING SMALL AND MEDIUM-SIZED ENTERPRISES IN ASIA AND THE PACIFIC

CREDIT GUARANTEE SCHEMES

MARCH 2022

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Some rights reserved. Published in 2022.

ISBN 978-92-9269-358-9 (print); 978-92-9269-359-6 (electronic); 978-92-9269-360-2 (ebook)

Publication Stock No. TCS220030-2

DOI: http://dx.doi.org/10.22617/TCS220030-2

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Cover design by Cleone Baradas.

CONTENTS

TABLES, FIGURES, AND BOXES

ACKNOWLEDGMENTS

Financing Small and Medium-Sized Enterprises in Asia and the Pacific: Credit Guarantee Schemes is a product of the Sustainable Development and Climate Change Department (SDCC) of the Asian Development Bank (ADB).

Junkyu Lee, chief of Finance Sector Group, headed a core team of staff in preparing this publication. Staff and consultants in SDCC, co-led by Sung Su Kim, financial sector specialist (Inclusive Finance) and Mohammad Shadan Khan, SME financing specialist consultant and Hyungchan Lee, financial sector specialist, SDCC, provided crucial support and coordinated production of the publication.

Operational support was graciously provided by Katherine Mitzi Co, associate operations analyst, SDCC and Matilde Mila Cauinian, operations assistant, SDCC. Additional research support was provided by Alyssa Villanueva and Mikko Marl Diaz.

The team wishes to thank representatives from the Korea Credit Guarantee Fund and the Credit Guarantee Corporation Malaysia Berhad, who participated and shared their views in the Webinar held on 29 June 2020 and made valuable suggestions for developing the publication.

The team greatly appreciates Syed Ali-Mumtaz Shah from ADB’s Central and West Asia Public Management, Financial Sector, and Trade Division and Takuya Hoshino from ADB’s South Asia Public Management, Financial Sector, and Trade Division for valuable comments and inputs to this publication and staff in ADB headquarters and in resident missions who contributed to the knowledge events on 29 June 2020 and 6 November 2020.

We thank all contributors for their valiant support of this publication despite the difficult situation caused by the coronavirus disease.

Finally, the team also acknowledges colleagues from the Department of Communications for their continuous support in disseminating the publication.

ABBREVIATIONS