Deep-tier financing – where others fear to tread
Events / 20-09-22 / Share Link
Small and medium-sized enterprises (SMEs) are key players in supply chains but their position on the far end of those complex networks means they are often deemed higher risk by lenders, with banks finding it hard to penetrate the deeper tiers of the value chain within often complex corporate ecosystems, hindering economic growth and stability, often to the detriment of wider prosperity and employment, particularly in developing economies.
This session, led by a special whitepaper from the Asian Development Bank (ADB), assess the significance of deep-tier supply chain finance as a financial instrument for unlocking working capital for all manner of suppliers, addressing financing gaps and allowing larger corporates in particular to secure their supply chains, highlighting uptake across a range of Asian markets and analysing the concept with the objective of highlighting value and generating an industry call to arms.