VTeam was invited to represent as a member of FCI to participate in Conference on Movable Asset Financing for SMEs, Myanmar

2018-03-07
VTeam was invited to represent as a member of FCI to participate in Conference on Movable Asset Financing for SMEs, Myanmar VTeam was invited to represent as a member of FCI to participate in Conference on Movable Asset Financing for SMEs, Myanmar

The event was organized by the Central Bank of Myanmar and International Finance Corporation (IFC). Factors Chain International (FCI ) supported the conference on Movable Asset Financing for SME which was held on March 6, 2018 at Novotel Hotel. FCI was represented by its Asia Chapter Director, Lee Kheng Leong while VTeam was represented by its VP Ms. Joyce Yang.

SME financing is a hot topic in Myanmar recently. The event attracted more than 100 representatives from banks and financial institutions. The full-day seminar on factoring received enthusiastic responses from the participants as success stories were shared not only in Europe and US but in many countries in Asia.

Hundreds of participants were also surprised to learn that, if managed successfully, the risk of factoring can be lower than banking facilities. Besides, international factoring can also help the Myanmarese exporters to compete with other Asian exporters

For full content, please see the link to FCI official website: https://goo.gl/bxivBg