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Registration is Open for the 2020 Global SME Finance Forum Event

Join us in Bangkok on October 26-28 for our flagship annual event. The theme of this year's Global SME Finance Forum is "SME Finance Outlook 2030". To celebrate the new decade, we will look much further forward to imagine where we might be in SME financing a decade from now. Over 700 senior executives from 300+ institutions (banks, development finance institutions, fintech, and real sector companies) and 80+ countries are expected. 

Global SME Finance Forum 2020

Since its formation, the SME Finance Forum has been on top of all of the major trends in this field. We predicted the importance of partnership when all around us were emphasizing fintech-bank competition. We declared that competitiveness in financing now had to include additional non-financial support for improving SMEs themselves – a reversal of decades of advice, but now common wisdom.

First private-sector “gender” bond to be issued in the Asia Pacific region

The first private-sector “gender” bond in the Asia Pacific region to be issued by Bank of Ayudhya (Krungsri), with the support of IFC and the GoldmanSachs 10,000 Women initiative, to expand access to capital for women entrepreneurs globally. IFC, a member of the World Bank Group, and DEG (Deutsche Investitions und Entwicklungsgesellschaft) have agreed to subscribe to the Women Entrepreneurs Bonds to be issued by Bank of Ayudhya in the amount of up to $220 million.

SME Bank of Thailand Seeks to Unload B10bn in NPLs

In an effort to lower the non-performing loan (NPL) ratio to around 10 percent, the state-owned SME Development Bank of Thailand will remove 10 billion baht worth of bad loans. Currently, the bank stands at 16-17 percent in outstanding loans. 

In addition, the bank is lowering their NPL ratio to prepare for the International Financial Reporting Standard 9’s (IFSR9) change in their expected credit loss impairment model; this change will require banks to set aside higher loan-loss provisions. 

BAAC targets SMEs for farming loans

The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) is seeking to enlarge the ratio of farming loans to small and medium-sized enterprises (SMEs) to 40% of outstanding loans by 2020. The move will comply with the government's policy to move farmers upstream in the production process into value-added agricultural product manufacturers.