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Small/Medium enterprises sign

The World Bank’s Europe and Central Asia Finance and Private Sector department, in collaboration with the World Bank Institute (WBI) and KfW Bankengruppe (KfW), is organizing a two-day conference to raise awareness of new asset-backed financing mechanisms available for Small and Medium Enterprises (SMEs) in Europe. These mechanisms have gained momentum in different parts of the world, often under the impulse of financial authorities, but remain largely underdeveloped in some parts of Europe. The conference will provide hands-on experience in the development of these mechanisms for SMEs, including supply chain financing solutions, reverse factoring, and the securitization of SME loans and receivables. It will present the main available asset-backed financing instruments, examples from around the world, opportunities for their development in Eastern Europe, the legal framework, and the role of financial authorities in promoting their development while adequately regulating and supervising risks.

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The Financial Sector
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It is now widely recognized that there are strong positive linkages between the financial sector and economic development. Financial Sector Learning Program offers a range of cutting-edge learning activities that foster a firm foundation for financial services, sound banking systems, strong capital markets, a diversified financial system, and improved access by the poor and small-and medium-sized enterprises to financial services.

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Past Featured Event
Oil Volatility 
Oil Price Volatility, Economic Impacts, and Financial Management: Risk-Management Experience, Best Practice, and Outlook

-Washington D.C.
 March 10 - 11, 2008

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