Bangkok, Thailand

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Event Date Mon Oct 29 HKT - Tue Oct 30 HKT (about 3 years ago)
In your timezone (EST): Mon Oct 29 12:00am - Tue Oct 30 12:00am
Location Bangkok, Thailand
Region APAC

Small and medium-sized enterprises (SMEs) play a vital role in Asian economies and account for about 70% of the region’s workforce and GDP. To enhance productivity and ensure sustainable growth in Asia, it is vital to provide smooth financing to SMEs.

Traditionally, commercial banks have regarded loans to SMEs as too risky, with high transaction costs. However, new technologies, including distributed ledger technology, cloud computing, and artificial intelligence, are becoming means of offering faster, more convenient, and more cost-effective financial services. The digital innovation could help SMEs have easier access to finance through various routes.

The project will identify and develop ideas on how to utilize new technology for SME finance, and encourage financial institutions and investors to further develop credit risk analysis, increase finance, and contribute to sustainable growth of SME sectors. The project will also explore how policy makers and market participants can maximize the benefits and mitigate potential risks arising from the new digital era. ADBI will publish a book on the impact of digital innovation on SME finance. The results will be of value to public and private sectors in Asia.

Sponsors & Partners

2018 Partner

• National Credit Bureau