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Supply chain finance market worth EUR 43 bln - report

Tuesday 24 March 2015 09:41 CET | News

A recent report on the global supply chain finance (SCF) market suggests it could be worth EUR 43 billion in terms of funds in use, and growing at around 30% per year.

BCR Publishing, who specialise in receivables finance market information, produced the figures based on a recent survey of global supply chain finance industry practitioners. The survey also revealed that regional SCF annual growth rates vary, with Asia Pacific seeing the most rapid development particularly in the retail, electronics, textiles and consumer goods sectors.

Michael Bickers, managing director of BCR said, “While supply chain finance is still in its relative infancy, we are now seeing rapid acceleration in terms of volume growth and market awareness. The report clearly suggests there is a long way to go in terms of potential volume growth and market development. Receivables are still very much underutilised as an asset class for raising finance – but this is changing in the post crisis environment where there is a much stronger focus on working capital.”

Since 1993 BCR Publishing have built a global reputation for producing reports, yearbooks and on-line market intelligence on the receivables finance sector. BCR work with global banks, including development banks and also export credit agencies, trade bodies, government departments and other institutions.


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Keywords: supply chain finance, SCF, market, BCR Publishing, receivables finance, working capital, Asia Pacific
Categories: Banking & Fintech
Companies:
Countries: World
This article is part of category

Banking & Fintech