Articles

The Benefits of Fintech Partnerships in Emerging Markets

According to an IFC report, there are a few key challenges that have long limited the digital transformation of financial services in emerging markets. These challenges include: low access to formal financial services; low income and financial-literacy levels; underdeveloped technology solutions; and weak infrastructures.

Articles

Articles

Qatar Attracts Regional and International Trade Business
Qatar the upcoming “free economic zone,” according to the article will attract business in a monumental way. HSBC, a long standing bank in Qatar is excited about the upcoming advantages that will be presented with this opportunity. “We are seeing credit appetite from every player in this market. HSBC will be lending higher in volumes over the next...
RBS Steps In to Support SMEs with Brexit
The Royal Bank of Scotland laid away £2 billion to support SMEs with trade finance, term finance and increased liquidity as they handle Brexit. According to the article SMEs rely on EU labour markets and exposure to foreign exchange movements. During this time UK banks have anticipated concerns related to Brexit’s effect on supply chains and...
Is Technology Enough to Plug the SME Financing Gap?
Technology is revolutionising trade finance while facilitating lending to small businesses by tech giants such as PayPal, Amazon and Alibaba. But is this enough to fill the $1500bn global trade finance gap? Stefania Palma from The Banker investigates.
Addressing the Global Shortage of Trade Finance
The International Chamber of Commerce (ICC) 2016 Global Survey on Trade Finance reveals that 61 percent of respondents cited a global shortage of trade finance—a figure that is particularly concerning as we continue to observe a period of prolonged sluggishness when it comes to global trade growth. But hope is not lost. Doina Buruiana, Project...
To me, this is the best way to get a boost from the WEF...I'm not at Davos, but I can blog through our kind friends at Davos...see the link attached! matt
Turkey posts its G20 priorities, and SMEs are high on the list
Please see the link for the official announcement from the Turkish government. 2015 should be a very exciting one for SME finance and SME development. Turkey has been a leader in the SME agenda of the G20 since its inception, and has served as co-chair of the SME finance subgroup since SME finance became a priority for the G20 in 2009. As a technical partner to the G20's Global Partnership for Financial Inclusion, the SME Finance Forum looks forwarding to supporting the Turkish agenda during this coming year. Our readers may also see that Turkey will be forming a new global body to represent SMEs' own interests during 2015. Unfortunately the working name for this entity is "SME Forum", which risks some brand confusion, for obvious reasons!. We'll also be working with our G20 colleagues on this, hopefully with some resolution that helps build and grow this very worthwhile complementary institution, while avoiding too many cases of mistaken identity. matt