Access to credit for individuals and businesses is severely constrained in much of the developing world. Weak legal and regulatory environments for lending, combined with the lack of predictability for lenders, inability to leverage productive assets, and the absence of credit information, creates a lending environment that is unfriendly to micro, small, and medium enterprises and individuals.
Credit infrastructure is the set of laws and institutions that enables efficient and effective access to finance, stability, and socially responsible economic growth. Credit reporting, secured transactions, and insolvency and creditor/debtor rights systems are the main elements of credit infrastructure. Non-existent or poor credit infrastructure poses considerable risks and constrains financial institutions’ ability to expand their financial products and services.
The availability of credit information sharing, secured lending, and rules that govern distressed businesses and bankruptcy, significantly increases their willingness to support the underserved and unserved individuals and micro, small, and medium enterprises (MSMEs).
Besides boosting access to finance, credit infrastructure plays a crucial role in mitigating investor and creditor risk, reducing the instability that could be caused by high levels of non-performing loans. This, in turn, lowers the cost of credit. The possibility of using reputational, traditional, and non-traditional collateral helps individuals and MSMEs gain access to finance as well as more favorable and competitive financing options.
About the Programme
This 5-day Credit Infrastructure programme will be composed of themes from three main elements of Credit Infrastructure:
The training will be delivered by leading international experts through a combination of presentations, panel discussions, group exercises and case studies.
The objectives of this one of a kind knowledge sharing gathering is to provide policymakers and practitioners with the opportunity to:
This programme is by invitation only, targeted for policy makers and practitioners from public and private entities around the world.
BNM-WBG Credit Infrastructure Programme Agenda.
For the programme agenda of past trainings, please see ANNEX
The training will be conducted in English and due to the heterogeneous composition of the audience, representing numerous countries, regions and languages no simulations translation will be offered. Therefore applicants must be sufficiently fluent in English.
No fees are charged for the training. Lunch and refreshment will be provided during the official programme.
However, successful applicants must pay and make their own travel, accommodation arrangements and visa, including medical/travel insurance.
Multi Purpose Hall
2 Jalan Berjasa
50480 Kuala Lumpur
This global knowledge exchange programme has been made possible with the financial support from World Bank Group’s donors, including Switzerland's State Secretariat for Economic Affairs, SECO.
Interested applicants must complete and submit the online application form no later than 5 PM GMT, FRIDAY, 12 FEBRUARY 2016.
APPLICATION IS NOW CLOSED!
Status of Application
Successful applicants will be notified via email by Friday, 26 February 2016
Successful applicants will be required to confirm their participation and provided with further information (including accommodation options, travel advice etc.)