Asian Development Bank - Private sector Development
A strong and dynamic private sec
South Asia
geo/south-asia
ADB-OECD workshop on SME Finance
I've just had the good fortune to attend the first joint workshop by the Asian Development Bank and the OECD on SME Finance in Asia. It's great to see these two organizations collaborating, and I see enormous potential in their relationship, particularly in expanding the SME Finance Scorecard data work OECD has started into more Asian countries, as a part of ADB's new Asia SME Finance Monitor initiative. The workshop was also a chance to discuss key issues in the field, including financial markets infrastructure development, trade and supply chain finance for SMEs, and key policy constraints. I hope that the ADB and OECD will be making the materials from this meeting more widely available, and I encourage them to post links to same...
matt
A new regime of SME finance in emerging Asia: Empowering growth-oriented SMEs to build resilient national economies
SMEs stimulate domestic demand through job creation, innovation, and competition. As such, they can be a driving force behind a resilient national economy. Prioritizing SME development is therefore critical for promoting inclusive economic growth in most economies in Asia.Adequate access to finance is crucial for SMEs to survive and eventually grow beyond their SME status. Yet, in Asia SMEs have poor access to finance, which is impeding their development.
Asian Development Bank - Finance sector
ADB has been supporting Financial Sector Development of developing member countries in the Asia and Pacific region in many ways. Financial sector operations since 1966 have accounted for 11% of total ADB operations. In 2010, sovereign lending of $893.4 million supported the general financial sector and capital market development for microfinance, small and medium-sized enterprises, and regulatory reforms. Non-sovereign investments reached $1.035 billion, largely supporting housing finance, microfinance, and regional guarantees