This video recaps some of the key discussion points raised at the ‘Trade Finance for SMEs Roundtable’ held at the GTR AFRICA 2023 forum in March 2023 – which brought various players together including Commercial Banks and Development Finance Institutions.
Philip Myburgh, Head of Trade for Business and Commercial Banking at Standard Bank, unpacks some of the significant challenges involved in solving working capital requirements for SMEs on the continent – and sheds light on how risk appetites and financing solutions designed by Commercial Banks in the past, have typically been better suited to the needs of corporate clients and what might be done to address this going forward.
