This session will cover the partnership between credit and microfinance organisations, and, above all, the development of microfinance companies that are part of banking groups. Microfinance institutions of this kind have access to cheaper funding, use advanced technologies, and apply high standards of customer service.
Participants will assess the impact that the development of such companies has on the microfinance market as a whole. Speakers will present their views on the potential benefits and threats for businesses and customers associated with incorporating microfinance organisations in banking groups.
Another important topic for discussion will be the customers interests: whether customers ultimately benefit from partnerships between credit and microfinance institutions, and how such partnerships affect the accessibility and affordability of financial products.
Expert RA, a leading Russian credit rating agency, has published an analysis of the SME loan market in Russia and main drivers of SME lending growth, with possible scenarios for development of the SME finance market.