Meeting Small Firms' Trade Finance Needs: Lending Institutions in Asia and the Pacific Are Exploring How to Meet Small Exporters' Financing Needs in a New Initiative Spanning 27 Countries

By Cattani, Carlo Federico | International Trade Forum, October 2005 | Go to article overview

Meeting Small Firms' Trade Finance Needs: Lending Institutions in Asia and the Pacific Are Exploring How to Meet Small Exporters' Financing Needs in a New Initiative Spanning 27 Countries


Cattani, Carlo Federico, International Trade Forum


Small businesses are the backbone for sustainable growth and jobs in developing countries. Access to credit for business start-up and development, however, remains difficult for most. Banks and other financial service providers, used to dealing with larger firms, rarely have the knowledge to assess the potential and evaluate risk areas of small companies.

ITC, together with the Association of Development Finance Institutions of Malaysia (ADFIM) and the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP), which represent 56 organizations from 27 countries, launched an Asia-Pacific Small and Medium Enterprises Finance Initiative to improve small firms' access to trade finance in the region.

Lenders: build expertise in SME needs

The three agencies launched the initiative during the International Chief Executive Officer Forum of Development Financing Institutions (CEO Forum) held in Kuala Lumpur in September 2005. Preparatory discussions for the conference had revealed the lack of specialized institutions for small and medium-sized enterprises (SMEs). Opening the Forum, Malaysia's Finance Minister II also announced the restructuring of the country's banking sector and the creation of an "SME Bank", the first of its kind in Malaysia.

The initiative consists of. …

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Meeting Small Firms' Trade Finance Needs: Lending Institutions in Asia and the Pacific Are Exploring How to Meet Small Exporters' Financing Needs in a New Initiative Spanning 27 Countries
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.