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KUALA LUMPUR, Mar 27, 2012 - (ACN Newswire) - Amid capital depletion, risk aversion and credit contraction in the current global economic crisis, the issue of financing for SMEs is a pressing issue for all nations. It needs to be addressed with joint efforts by governments, financial institutions and enterprises, to enhance innovation in financial systems, products and services, and to improve the sustainable development of SMEs.
One of the key presenters of the 5th Annual SME Banking and Financing conference, Sanjay Agrawal, Senior President and Business Head - Business Banking of YES BANK Ltd noted that "SMEs tend by their very nature to show a far more volatile pattern of growth and earnings, with greater fluctuations, than larger companies, therefore their survival rate is lower than for larger companies."
Banks and financial institution are focusing on building a business model that focuses on growth and opportunities to develop new income streams through new operational and profitability model. There has been a greater focus for banks to ppromote a stable, diverse, well-functioning financial system, which is capable of effectively servicing SME's needs and working on the micro level initiatives that directly, impact SMEs access to credit.
The 5th Annual SME Banking and Financing conference to be held from 14th to 15th June 2012 in Kuala Lumpur, Malaysia will address long standing deficiencies in the SME financial market by reinforcing key initiatives to accelerate shift of SME banking and financing that will create demand for SME products.
Various industry experts will be discussing key issues and topics such as using consumer portfolio management techniques to drive "lifecycle" management for SMEs; mitigating critical risks that hinders the growth businesses; revising risk management policies, processes and architecture to strengthen banks' SME risk dimension; SME product innovation; discussing SME project financing and alternative methods of financing and up-scaling credit analysis methodologies to stimulate SME's to be more bankable.
Sai Athreya, Global Banking SME Director of GE Capital Eastern Europe (Czech, Hungary and Poland) who will also be a key speaker at the conference has said that bank's SME business is performing even better now than last year. He expects it to grow further in tandem with the growth of the SME segment and supported by the increase in distribution strength via the capacity built into the sales force, branches and partners.
Marcus Evans is one of the world's leading providers and promoters of global summits, strategic conferences, professional trainings, in-Company training, business-to-business congresses, sports hospitality and on-line information. Founded in 1983, the company now employs over 3500 employees operating in 35 countries around the world. The company's revenues are generated from clients across majority of the world's top 1000 companies. Our international network of offices provides a one-stop shop for a company's business intelligence, learning and training needs. For more information, please visit www.marcusevans.com .
About Marcus Evans group
Marcus Evans is one of the world's leading providers and promoters of global summits strategic conferences, professional training, in-Company training, business-to-business congresses, sports hospitality and on-line information. The company also owns a leading football club, represents Hollywood stars and produces films and entertainment.
Founded in 1983, the company now employs over 3000 employees operating into countries around the world. The company's revenues are generated from clients from the majority of the world's top 1000 companies. Our international network of offices provides a one-stop shop for a company's business intelligence, learning and training needs.
The company maintains the highest standards of quality and service in research, technology and product development. Our commitment to service and quality are the basis for our reputation as the world's leading provider of business intelligence. For more information, please visit www.marcusevans.com.
Contact:
Cherrie Koay
Tel: +603-2723-6662
Fax: +603-2723-6699
Email: CherrieK@marcusevanskl.com
Topic: Trade Show or Conference
Source: Marcus Evans group
Sectors: Trade Shows
https://www.acnnewswire.com
From the Asia Corporate News Network
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