SME has been key concern in MENA countries and Egypt where it produce majority of GDP and jobs for the wide spectrum of educational and skillful levels, flourishing SME sectors together with financial inclusion represent key challenges and ideal remedy for governments and banks in the present economic climates, therefore Central Bank of Egypt took along 2016 structural measures highlighting the opportunity and extending SME Banking landscape.
Consequently, this conference is an important milestone gathering all stakeholders to share: where do we stand, building SME banking solid and profitable model, set and review clear strategies for 2016 and along 2019 set by central bank to make SME 20% of banks portfolio.
The event objective: to picture banking and non-banking financial institutions as integrated commercial offer to SMEs rather than competitors. Promote insurance guarantee as main driver for SME banking and non-banking growth. Promote awareness of banking and financial institutions namely: leasing, factoring and insurance to SME clients and SME community.