Oxford Business Group is pleased to announce our media partnership with The Egyptian Banking Institute Fourth Annual Conference, which will be held on 24-25 October 2010, in Cairo, Egypt 2010. In this respect, we send you the following message from the conference organisers:
Dear Oxford Business Group subscribers,
The Egyptian Banking Institute Fourth Annual Conference
The Egyptian Banking Institute holds its Fourth Annual International conference, “SMEs Financing: An Integrated Vision for the Next Era,” on 24th- 25th October 2010 under the auspices of Dr. Farouk El Okdah, governor of The Central Bank of Egypt; in collaboration with a number of international organizations. In two days, the conference tackles the issue of financing and developing SMEs from a new different perspective. The conference participants will review different international experiences and practices in the field of supporting and financing SMEs. This conference gathers a number of banking experts and officials in the SMEs sector in Egypt and the world, in addition to a number of public and private banks’ chairmen and representatives from the Central Bank of Egypt and other entities, which are providing financial as well as non-financial services to this significant sector.
Dr. Hala El Said, EBI executive director, declared that the choice of SMEs as the main topic of the conference this year underlines the significance of this sector to the Egyptian economy and enhances the institute’s initiative to “Finance SMEs”. She also pointed out that EBI’s insistence on holding such a conference emanates from EBI vision, which aims at exchanging experiences and ideas about the current and most important banking and finance issues, in order to participate in solving problems, better develop the banking sector operations and raising bankers’ awareness about the best and new international practices.
On the first day, the discussion is dedicated to the importance of creating an appropriate atmosphere for SMEs and the role of banking reform in achieving this, as well as underlining the significance of SMEs sector. The conference tackles the different financial services offered to SMEs from a new perspective; that broaden the scope of implementing new untraditional bank-financing services, in addition to how to lessen credit risks in implementing those services. The conference also addresses the role of the Central Bank of Egypt in facilitating access of SMEs to finance. The conference sessions, thereafter by the end of the first day, are divided into two sessions only, to discuss the latest developments in financing this sector and the mechanisms offered to support SMEs including: the importance of financial awareness among SMEs; as it is the main tool in supporting this sector, the importance of financial intermediation as an effective tool to resolve conflicts for these projects, SMEs portal and the importance of governance for these companies.
On the second day, the conference addresses the competitive nature of the SMEs sector, through the presentation of some Asian and Mediterranean countries' experiences and underlining the lessons learnt. The discussion, also, addresses stakeholders’ different roles in supporting SMEs from international donors, the financial sector and non-governmental entities. The concluding session launches a panel that discusses the future of SMEs in Egypt, where the participants in this panel include: government agencies -either banking or financial- representatives, the Social Fund for Development, non-governmental organizations and SMEs entrepreneurs aiming at reaching a comprehensive vision about this sector in the future.