1 Maybank Group V 1 GREEN TECHNOLOGY FINANCING SCHEME & LOAN APPROVAL CONSIDERATIONS • EU – Malaysia Biomass Entrepreneurs Nurturing Programme PNB Darby Park Kuala Lumpur Presenter : Irene Khoo Poh Chin Head, Business Centre Petaling Jaya & Bandar Sri Damansara
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1
Maybank Group
V 1
GREEN TECHNOLOGY FINANCING SCHEME
&
LOAN APPROVAL CONSIDERATIONS
•
EU – Malaysia Biomass
Entrepreneurs Nurturing Programme
PNB Darby Park
Kuala Lumpur
Presenter : Irene Khoo Poh ChinHead, Business Centre Petaling Jaya & Bandar Sri Damansara
� Maybank’s Initiatives in Green Financing
� GTFS Key Features & Application Process
� GTFS through Maybank
� Other Financing Options & Sources
� Lending Considerations
TOPICSTOPICSTOPICSTOPICS
Green Projects Financed by Maybank
� Wastewater treatment
� Recycling of used computers
� Recycling of plastic containers
� Manufacturing reclaimed & crumb rubber
� River water treatment for domestic/ industrial use
FINANCING OPTIONS/ SOURCES FOR GREEN PROJECTSFINANCING OPTIONS/ SOURCES FOR GREEN PROJECTSFINANCING OPTIONS/ SOURCES FOR GREEN PROJECTSFINANCING OPTIONS/ SOURCES FOR GREEN PROJECTS
EQUITY � Sponsors� FDI� Venture Capital� Government Support
CAPEX
WORKINGCAPITAL
� FDI� Bank Term Lending/
Hire Purchase/ Leasing� Bank Trade Finance� Bank Structured Finance� Syndicated Loan� Government Soft Loans/GTFS
� Bank Overdraft/ Trade Financing� Receivables Financing� Bank Guarantee (Non-Cash)
To promote green technology, the Government will establish a fund amounting to
RM 1.5 billion. This fund will provide soft loan to companies that supplies and
utilize green technology. For suppliers, the maximum financing is RM50 million
and for companies RM 10 million. The Government will bear 2% of the total
interest rate. In addition, the government will provide a guarantee of 60% on the
financing amount, with the remaining 40% by the banking institutions. Loan
applications can be made through the National Green Technology Centre.
This scheme will commence on 1 January 2010 and is expected to
benefit 140 companies
Government support:
bear interest/profit - 2% p.a.
Government Guarantee- 60%
User of GT:Max. financing is RM 10 million
Producer of GT:Max. financing is RM 50 million
Effective Date:
1 Jan 2010
Fund:RM 1.5 billion
Target:140 companies
BUDGET SPEECH PRIME MINISTER ON 23 OCT 2009BUDGET SPEECH PRIME MINISTER ON 23 OCT 2009BUDGET SPEECH PRIME MINISTER ON 23 OCT 2009BUDGET SPEECH PRIME MINISTER ON 23 OCT 2009
FEATURESFEATURESFEATURESFEATURES PRODUCER OF PRODUCER OF PRODUCER OF PRODUCER OF
GREEN TECHNOLOGYGREEN TECHNOLOGYGREEN TECHNOLOGYGREEN TECHNOLOGY
USER OFUSER OFUSER OFUSER OF
GREEN TECHNOLOGYGREEN TECHNOLOGYGREEN TECHNOLOGYGREEN TECHNOLOGY
Financing sizeFinancing sizeFinancing sizeFinancing size Maximum: RM50 million per Maximum: RM50 million per Maximum: RM50 million per Maximum: RM50 million per
companycompanycompanycompany
Maximum: RM10 million per Maximum: RM10 million per Maximum: RM10 million per Maximum: RM10 million per
companycompanycompanycompany
Financing tenure Financing tenure Financing tenure Financing tenure Up to 15 yearsUp to 15 yearsUp to 15 yearsUp to 15 years Up to 10 yearsUp to 10 yearsUp to 10 yearsUp to 10 years
Purpose of financing Purpose of financing Purpose of financing Purpose of financing To finance investments in To finance investments in To finance investments in To finance investments in
production of green production of green production of green production of green
technologies that meet the technologies that meet the technologies that meet the technologies that meet the
All commercial and Islamic Banks All commercial and Islamic Banks All commercial and Islamic Banks All commercial and Islamic Banks
Development financial institutions (Development financial institutions (Development financial institutions (Development financial institutions (Bank Pembangunan, SME Bank, Bank Pembangunan, SME Bank, Bank Pembangunan, SME Bank, Bank Pembangunan, SME Bank,
Agrobank, Bank Rakyat, EXIM & Bank and Bank Simpanan NasionalAgrobank, Bank Rakyat, EXIM & Bank and Bank Simpanan NasionalAgrobank, Bank Rakyat, EXIM & Bank and Bank Simpanan NasionalAgrobank, Bank Rakyat, EXIM & Bank and Bank Simpanan Nasional )
GTFS KEY FEATURESGTFS KEY FEATURESGTFS KEY FEATURESGTFS KEY FEATURES
Government guarantee Government guarantee Government guarantee Government guarantee –––– 60% of financing approved amount60% of financing approved amount60% of financing approved amount60% of financing approved amount
Guarantee feeGuarantee feeGuarantee feeGuarantee fee 0.5% p.a. from the total guaranteed amount0.5% p.a. from the total guaranteed amount0.5% p.a. from the total guaranteed amount0.5% p.a. from the total guaranteed amount
Determined by participating financial institutionsDetermined by participating financial institutionsDetermined by participating financial institutionsDetermined by participating financial institutions
Source of fundsSource of fundsSource of fundsSource of funds Participating financial institutionsParticipating financial institutionsParticipating financial institutionsParticipating financial institutions
(1) Malaysian Green Technology Corporation (MGTC)(1) Malaysian Green Technology Corporation (MGTC)(1) Malaysian Green Technology Corporation (MGTC)(1) Malaysian Green Technology Corporation (MGTC)
(2) Credit Guarantee Corporation Malaysia Bhd. (CGC)(2) Credit Guarantee Corporation Malaysia Bhd. (CGC)(2) Credit Guarantee Corporation Malaysia Bhd. (CGC)(2) Credit Guarantee Corporation Malaysia Bhd. (CGC)
Application methodApplication methodApplication methodApplication method Companies are required to submit project proposal/s for technical Companies are required to submit project proposal/s for technical Companies are required to submit project proposal/s for technical Companies are required to submit project proposal/s for technical
evaluation to evaluation to evaluation to evaluation to PusatPusatPusatPusat TenagaTenagaTenagaTenaga Malaysia. Upon passing the technical Malaysia. Upon passing the technical Malaysia. Upon passing the technical Malaysia. Upon passing the technical
evaluation, companies may proceed to submit application for financing evaluation, companies may proceed to submit application for financing evaluation, companies may proceed to submit application for financing evaluation, companies may proceed to submit application for financing
to any participating financial institution.to any participating financial institution.to any participating financial institution.to any participating financial institution.
Application datesApplication datesApplication datesApplication dates Applications are open from 1 January 2010 for a period of 3 years or Applications are open from 1 January 2010 for a period of 3 years or Applications are open from 1 January 2010 for a period of 3 years or Applications are open from 1 January 2010 for a period of 3 years or
upon approval of financing up to RM1.5 billion, whichever is earlier. upon approval of financing up to RM1.5 billion, whichever is earlier. upon approval of financing up to RM1.5 billion, whichever is earlier. upon approval of financing up to RM1.5 billion, whichever is earlier.
GTFS KEY FEATURESGTFS KEY FEATURESGTFS KEY FEATURESGTFS KEY FEATURES
A. APPLICATION PROCESSA. APPLICATION PROCESSA. APPLICATION PROCESSA. APPLICATION PROCESS
B. FINANCING EXECUTION B. FINANCING EXECUTION B. FINANCING EXECUTION B. FINANCING EXECUTION
4. Agreement and Documentation 4. Agreement and Documentation 4. Agreement and Documentation 4. Agreement and Documentation
5. Fund Disbursement/Repayment 5. Fund Disbursement/Repayment 5. Fund Disbursement/Repayment 5. Fund Disbursement/Repayment
C. PROJECT OUTCOMEC. PROJECT OUTCOMEC. PROJECT OUTCOMEC. PROJECT OUTCOME
6. Project Monitoring and Verification6. Project Monitoring and Verification6. Project Monitoring and Verification6. Project Monitoring and Verification