cat/supply-and-value-chain-finance
The Asian Development Bank (ADB) and Deutsche Bank AG today announced an agreement to enter into a supply chain finance (SCF) transaction under ADB’s Supply Chain Finance Program (SCFP). The SCF will provide over $200 million in annual financing to small and medium-sized enterprises (SMEs) across developing Asia.
Join CGAP and its partner InterMedia for a November 30 webinar to learn about the findings from our nationwide survey of smallholder households in Nigeria - the first survey of its kind in the country. Results discussed will highlight the challenges and opportunities for delivering better smallholder financial solutions grounded on new evidence.
Increasing access to financing for small and medium enterprises (SMEs) has been a long-standing G20 priority under the GPFI. Strengthening SMEs in global value chains (GVCs) was highlighted as a G20 goal at the Hangzhou Summit in 2016, where G20 leaders reaffirmed their intention to support the development of SMEs and linkages to GVCs.
IFC provides investment and advice to expand access to finance for millions of individuals and SMEs. They work with a variety of partners — financial institutions as well as governments — to achieve wider impact than we could on our own. In FY17, their clients provided more than $351 billion in SME loans.
In Brazil, they arranged a $275 million financing package for Banco Daycoval to help the bank expand financing for SMEs — with 25 percent of the funds to be allocated specifically to businesses headed by women. Other accomplishments are also included in the report.
IFC worked with key influencers and experts in the world of blockchain, distributed ledgers, and digital finance to create a series of six in-depth research papers examining the potential and perils of blockchain. The report highlights that a number of blockchain-based projects are now coming to life.
Globalization has made supply chains significantly more complex, involving multiple players from around the world and a great deal of coordination. This increases the cost of operating these global networks—with goods and services channeled across emerging and advanced economies.
This summit will provide MSMEs with unique insights on the entry strategies for various global markets and help them assess the potential of their products and services globally. MSMEs will also learn about a range of products and services to enhance their competitiveness and productivity. It will also provide numerous networking opportunities and B2B meetings scheduled online with Government officials, Embassy officials, Procurement heads of Global OEMs and 500+ Industry delegates from 20+ countries.
Key benefits include:
Lead economist at the World Bank, Ejaz Ghani, pens a blog on the rise of SMEs in India. SMEs account for over 95 percent of establishments and over 80 percent of jobs in the manufacturing sector in India. They are becoming increasingly prevalent and affect everything from poverty levels and shared prosperity to the allocation of activity in the economy and beyond.
Remaining competitive in an ever-growing marketplace can be a challenge for lenders. Experts say, cost of funds remains high from upmarket lenders and margins are thinning by the day. Yet consumers and small business borrowers are demanding faster underwriting and quicker speed to funding, and investors continue to demand record-breaking quarterly loan volume.
TXF, an online news resource for trade & export finance, supply chain and commodity finance sectors, is presenting a SMEs in Export Finance conference.
