In many developing countries, small and medium-scale enterprises SMEs) serve as engines of economic growth and development. SMEs constitute the majority of business enterprises that are vital for employment generation and poverty reduction. National development finance institutions (DFIs), including microfinance institutions (MFIs), are the primary source of support to SMEs, both in terms of financial and technical assistance.
However, constraints such as inherent risks, high transactional cost and lack of funds, among others, still exist and impede the full potential of the development of his sector. The objective of the study tour program is to enhance the participants’ knowledge and understanding of small and medium-scale enterprise financing and development with the particular experience of Korea in SME financing, development, regulation and supervision. Korea is one of the countries in East Asia whose government has invested substantial capital and human resources in the promotion and development of the SME sector.
Institutions to be visited
Central Bank Korea; Small & Medium Industry Promotion Corporation (SMIPC); Korean Development Bank; Korean Export-Import Bank; Korean Venture Capital Association; Korean Venture Investment Corp(fund of funds to invest in venture capital funds managed by Korean Venture Capital); Korean Finance Corp; Project Visit to Samsong & Kia; socio-cultural visits.
Who Should Attend
Senior Officers and Managers of banks and financial institutions who are involved in SME financing and development.
For inquiries, please email us at [email protected]