cat/credit-and-financial-information
Egyptian women who constitute half of the population, represent tremendous economic potential, while contributing to only 22.5 percent of total labor force - offer an estimated credit demand of USD283 million among female-owned SMEs.
Radoslav Albrecht is the Founder and CEO of Bitbond, a global lending platform for small business loans. The SME Finance Forum member, leverages blockchain technology to connect creditworthy borrowers with individual and institutional investors. Recently, Anthony Manfre interviewed Radoslav to learn more about how Bitbond is leading innovation in the lending industry.
Last year, banks showed a significant increase in net profit! This year, leading bank managers and SME experts will meet at the VIII Annual Conference of the SME Banking Club Conference 2019 for Belarus, Ukraine and Moldova (BUM19) to discuss sales potential and cost effectiveness.
Fintech
How can banks cooperate with fintech startups? Cooperation patterns
Digital banking
Offline vs. online in SMEs. Bank for business - 100% online. Is it possible
Strategy
Creating a vertical SME in a transforming bank
The Annual Conference will be preceded by the ACCIS Annual General Assembly held on 12 June at the same venue. The ACCIS Conference, the largest gathering of professionals working on credit data issues in Europe, will again deliver the most up-to-date information in the field of credit referencing.
This annual meeting will gauge the direction of the industry and discuss and debate the most important developments, such as:
• the rise of fintechs/blockchain technology and their possible benefits and potential threats to the Receivables Finance industry;
• the impact of Basel regulatory capital requirements and the use of credit insurance as a risk mitigation tool and their combined effect on capital adequacy;
• the benefits of establishing a Supply Chain Finance (SCF) platform inside a bank/receivables finance operation;
The Global Private Equity Conference (GPEC) is the world’s leading event dedicated to exploring private investment opportunities across emerging and frontier markets, convening over 850 industry professionals from more than 70 countries annually. IFC hosts the event.
Washington, D.C. March 13, 2019 – JUMO 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.
Washington, D.C. February 26, 2019 – Banque Saudi Fransi (BSF) 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.
IFC and Garanti Bank Romania launched a joint report highlighting the importance and impact of increasing access to finance for the country’s women entrepreneurs. “Taking Women Entrepreneurs to the Bank in Romania”, shows the impact of Garanti Bank Romania’s Women SME Banking Program.
In October 2018, the total outstanding consumer debt in the US surpassed $3.96 trillion – a continuously increasing volume (in Q1 2018, the total outstanding consumer debt in the US was at ~$3.86 trillion) that could make debt collection one of the hottest businesses of 2019. Q3 2018 delinquency rates for consumer loans is at 2.28% (credit card loans at 2.49%) – a number that represents an opportunity for companies operating in the lending space to focus on practices ensuring sustainable and responsible recovery of funds.
