Euro Banking Association Issues Supply Chain Finance Guide
The Euro Banking Association (EBA) has published a guide to the European supply chain finance (SCF) market. Entitled ‘Supply Chain Finance: EBA European Market Guide’, the guide was launched to the European payments community at the conference and exhibition EBAday in Berlin.
The guide describes the current SCF ecosystem and analyses which drivers are propelling or constraining the take-off and adoption of this part of the supply chain management. It defines and explores market opportunities for possible SCF services and makes recommendations for a definition of a common terminology for the financial supply chain.
The guide also identifies and explains key risk and regulatory issues that are impacting the SCF market. By combining explanatory material with an analytical framework, the guide aims to provide comprehensive background information and a discussion basis for relevant stakeholders.
“We created the market guide to help our community gain a better understanding of this complex subject and to explore the underlying trends and business opportunities in SCF”, said Erkki Poutiainen of Nordea Bank Finland, chairman of the EBA supply chain working group.
“As a pan-European forum for payment practitioners, the EBA is in a good position to support the financial industry in leveraging the potential of this emerging market.”