FCI

🇺🇿 Uzbekistan pioneers supply chain finance to reinvigorate small business ecosystem 🏪 Small and medium-sized enterprises (SMEs) are the backbone of any national economy, a characteristic that is pertinent in Uzbekistan. Not only do SMEs account for almost 50% of the national GDP, but they also employ almost 80% of the workforce—the biggest source of employment in a nation where unemployment is high, at around 7%.  ✍️ After TFG attended the ‘Exploring Receivables and Payable Finance’ conference in Tashkent, Uzbekistan, our Editorial Assistant, Mahika Ravi Shankar, gave us insights about Uzbekistan’s SMEs and supply chain finance based on a panel featuring Çağatay Baydar, Chairman of FCI, Neil McKain, Uzbekistan’s Country Director for IFC, and Fevzi Tayfun Kucuk, SCF Technology Consultant at IFC. ⬇️ Link in the comments section below. #SMEs #supplychainfinance | IFC - International Finance Corporation | FCI  

Over the last six months, FCI has unveiled significant organisational changes as part of a strategic restructuring initiative to propel the association into its 57th year of operation. These changes underscore FCI's commitment to fostering innovation, strengthening its global presence, and expanding its industry impact, all while providing unparalleled value to its nearly 400 members across 90 countries. Neal Harm, FCI Secretary General, remarked, "As we enter our 57th year, these changes mark a new chapter for FCI. Our vision is clear: to empower our members, advocate for the industry, and create a sustainable pathway for growth. The changes ensure FCI remains a trusted partner and leader in open account trade finance." Looking ahead, FCI’s new leadership and operational strategy will position the network to tackle emerging challenges and seize opportunities in the trade finance sector. The organisation’s renewed focus on innovation, inclusivity, and advocacy ensures that FCI continues to set the standard for excellence in our industry. Read more via https://lnkd.in/eS-2qVng #fci #factoring #receivables #finance Neal Harm, Aysen Cetintas, A. Betül Kurtulus, Gert-Jan Baars, Spyros Tsolis, Gwendoline de Viron, Tanya Leigh Naysmith

Thanks Neil Shonhard MonetaGo and Trade Finance Global (TFG) for the interview with Deepesh Patel during the FCI annual meeting in Seoul

Welcome to This Week's Wrap-up, delivering all of this week's news, events, and updates from FCI straight to you. Don't forget to subscribe! #fci #factoring #receivables #finance #newsletter

As we wrap up the COTFIA Course 6: Commercial Finance & Practical Applications at The American University in Cairo, I’m filled with gratitude and pride. This course wasn’t just an event—it was the culmination of a year’s worth of dedication, learning, and growth by an inspiring group of students from across the globe.   Throughout the week, participants demonstrated exceptional engagement, diving into topics like factoring, reverse factoring, and risk management, and applying their skills during the interactive business simulation exercise. Their passion for knowledge and their determination to master the intricacies of receivables finance have been truly inspiring.   I want to thank every student who joined us on this journey. Your enthusiasm and commitment have been the driving force behind the success of this programme. I’m confident that the knowledge and skills you’ve gained will make a lasting impact in the world of trade finance.   A heartfelt thank you also to my incredible colleagues and guest speakers for sharing their expertise and ensuring the success of this course. Here’s to continuous learning, collaboration, and innovation. I look forward to seeing the amazing things this talented group will accomplish in the years to come!   If you missed this programme this year, don't worry! COTFIA 2025, hosted by African Export-Import Bank (Afreximbank), FCI and The American University in Cairo, is launching soon! It will offer unparalleled opportunities to elevate your expertise in African trade—follow FCI to stay updated and secure your spot next year! #Education #ReceivablesFinance #TradeFinance #Factoring #SupplyChainFinance #ProfessionalDevelopment Spyros Tsolis Doaa Hafez Neal Harm Nassourou AMINOU Lina Iyok Frederick Seidu Stephen Tio Kauma Jean Patrick Habyarimana Anan Shendy - PhD John Beaney Christian Faber African Export-Import Bank (Afreximbank) The American University in Cairo Marwa Negm FCI FCI Academy

Join us in Miami for "Supporting SMEs within the Financial Supply Chain through Traditional and Reverse Factoring," an event hosted by FCI and FIBA. Experts in supply chain finance and factoring will come together to discuss the latest trends and developments in the industry. This conference will cover essential topics such as supply chain finance (SCF), factoring, compliance, and legal aspects. It is a great opportunity to meet industry peers and grow your business network. Don't miss your chance to be part of this event, which aims to shape the future of supply chain finance and factoring, focusing on supporting SMEs with innovative financial solutions. Register today via https://lnkd.in/euAy6V4e #fci #factoring #receivables #finance Çağatay Baydar, Neal Harm, Alberto Wyderka, João Costa Pereira, Julio Nielsen, Diego RAZZETO, Feride Zeynep Bennett, IGNACIO LEJARRAGA, Juana Elisa Lopez, Karla Hernandez, Marina Azzara, Robert Kienzle, Victor MORILLO, Mary Farley, Chenyue Mao

Season’s Greetings from FCI! As we approach the end of 2024, we want to take a moment to thank our global network of members, partners, and friends worldwide for your unwavering support and collaboration this year. Your contributions continue to strengthen our network and drive the global trade finance industry forward. Together, we’ve achieved incredible milestones, and we look forward to building on this momentum in 2025. 🌍 From all of us at FCI, we wish you a season filled with peace, joy, and cherished moments, and a prosperous New Year ahead! #SeasonGreetings #FCINetwork #fci #TradeFinance #GlobalConnections

What a Week of Insight and Growth! The COTFIA Course 6: Commercial Finance & Practical Applications at The American University in Cairo has officially wrapped up! Over the past six days, participants immersed themselves in the world of receivables finance, learning from top global leaders and industry experts. From deep dives into factoring and reverse factoring to mastering risk management and legal aspects, this course was packed with knowledge and interactive sessions. A special highlight was the business simulation exercise, where participants applied their newfound expertise in a real-world setting. 📸 Check out just some of the highlights from course 6 below—moments of collaboration, learning, and innovation captured in action! A huge thank you to our incredible faculty, including Aysen Cetintas, Spyros Tsolis, and our expert speakers, Nassourou AMINOU, John Beaney, Christian Faber, Doaa Hafez, Neal Harm, Lina Iyok, Enga Kameni Ph.D, Monica Martin Blanco, and Frederick Seidu for their invaluable contributions. Missed this opportunity? COTFIA 2025, hosted by African Export-Import Bank (Afreximbank), FCI and The American University in Cairo, is launching soon! It offers unparalleled opportunities to elevate your expertise in African trade—follow us to stay updated and secure your spot! #ReceivablesFinance #Factoring #SupplyChainFinance #FCI #ProfessionalDevelopment #TradeFinance FCI Academy

The Exploring Receivables and Payable Finance conference, jointly hosted by FCI, IFC - International Finance Corporation, and the Central Bank of Uzbekistan, concluded successfully on 5 December 2024 at the Central Bank’s headquarters in Tashkent. This event brought together industry leaders, policymakers, and financial practitioners to discuss the latest developments and opportunities in receivables and payables finance. With simultaneous translation into Russian, the conference ensured accessibility for a broad audience, offering participants invaluable insights into global trends, regulatory frameworks, and the transformative potential of technology in the industry. Read more via https://lnkd.in/ers2QxiF #fci #factoring #receivables #finance #uzbekistan

We are delighted to partner with BCR Publishing for the 11th Annual Supply Chain Finance Summit on January 29-30 in Madrid at Cecabank. The Summit agenda is once again in a comprehensive format, convening the world's top SCF executives, sustainability finance specialist, fintech leaders, successful startups and tech as well as top influencers in policy, business and economics. This is a must-attend event for those who are looking to establish new connections and be on top of the latest developments in receivables and payables finance. Join us for two days of debate, networking and conversations that take SCF forward. Use our code FCI-20 for 20% off your ticket! For the programme and to register today go to https://lnkd.in/e28jPS62 #SCFS25 #supplychainfinance #factoring #reversefactoring #invoicefinance #fintech #smefinance #smelending #receivables #payables #tradefinance #digitisation