Supply and Value Chain Finance
cat/supply-and-value-chain-finance
The Convergence of the Real and Financial Sectors in SME Finance
SME Finance Forum presents the Global SME Finance Forum 2019, taking place at Hilton Amsterdam Airport Schiphol on October 7-9th, attended by 500+ senior executives from commercial banks, development finance institutions, fintech companies, regulators, and featuring study visits, a B2B marketplace, fintech expos, and much more.
Washington D.C., September 12th, 2019.- SME Finance Forum is proud to bring the Global SME Finance Forum 2019 (SMEFF19)
JD Finance Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. December 3, 2018 – JD Finance became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs.
“200 million businesses worldwide need financing to invest, grow and create new jobs. We are proud to have JD Finance join our network of 150 members who work to expand access to finance for small and medium businesses,” said Matthew Gamser, CEO of the Forum.
SMEs Encouraged to Join Value Chains
To increase competitiveness SMEs are urged to join global value chains. According to the article, lack of quality supplier-buyer relations with multinationals is hindering SMEs access to electronics global value chains.
A World Bank report says only 300 Vietnamese firms are completely eligible to connect with the world’s production chains.
Partnerships with Fintechs Boost Competitiveness in Lending
Fintechs understand the importance of access to finance for SMEs and so do companies.
With about 95 percent of SMEs contributing as much as 30 percent of the country’s gross domestic product and are employing about 60 percent of the country’s workforce, companies like First Circle are rising to the occasion. The company, which provides business financing for SMEs in the Philippines will soon be launching a credit facility worth up to $30 million, according to the article.
Shanghai Zhaoxi Network Technology Co., Ltd. Joins 140 Other Financial Institutions to Promote SME Finance
Washington, D.C. September 25, 2018 – Shanghai Zhaoxi Network Technology Co., Ltd. (Zhaoxi) became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs.
SME Finance Forum CEO Keynotes ADFIMI International Development Forum
Matthew Gamser, CEO of the SME Finance Forum, was the keynote speaker at the ADFIMI International Development Forum on September 11-12 in Istanbul, Turkey. Under the theme, “SME Finance and Development in the Age of Digitalization,” the Forum analyzed the current state of knowledge about contributions of SMEs to economic and social well-being globally and in Organization of Islamic Cooperation Countries.
Report: The Productivity Challenge In Financing Inclusive And Sustainable Growth
Small and medium sized businesses’ ability to participate in international markets and global value chains has not been fully developed. A new report, from Business at OECD and B20 and sponsored by the SME Finance Forum, calls on G20 leaders to follow four core recommendations to this end:
Member News: Co-operative Bank of Kenya Launches Financial Solutions for MSMEs
A packaged financial solution, launched by Co-operative (Co-op) Bank of Kenya, will go towards supporting MSMEs.
Co-op Bank of Kenya has worked with the International Finance Corporation (IFC) over the past year, to understand the inner-workings of the MSME business segment to improve MSMEs. Co-op Bank will offer training programs, forums and financial tools to build and grow “world class entrepreneurs,” according to the article.
Survey: Chinese Tourist Increase Usage of Mobile Payments
Nielsen and Alipay jointly issued the 2017 Survey: Outbound Chinese Tourism and Consumption Trends, which details how Chinese tourists pay for products in services and their behaviors in making such decisions. Ninety-nine percent of Chinese respondents have the Alipay app installed on their phones.