Corporate TreasuryFinancial Supply ChainSupply Chain FinanceSupply Chain Finance Market ‘Enjoys 30% Annual Growth’

Supply Chain Finance Market ‘Enjoys 30% Annual Growth’

The rapidly developing global supply chain finance (SCF) market is growing at around 30% per year, which suggests it could be worth €43bn in terms of funds in use according to a report by BCR Publishing.

The company, a specialist in receivables finance market information, based the figures on a recent survey of global SCF industry practitioners. The survey also revealed that regional SCF annual growth rates vary, with Asia Pacific seeing the most rapid development particularly in the retail, electronics, textiles, and consumer goods sectors.

“While supply chain finance is still in its relative infancy, we are now seeing rapid acceleration in terms of volume growth and market awareness,” said Michael Bickers, managing director of BCR.

“The report clearly suggests there is a long way to go in terms of potential volume growth and market development. Receivables are still very much underutilised as an asset class for raising finance – but this is changing in the post-crisis environment where there is a much stronger focus on working capital.”

‘The World Supply Chain Finance Report 2015’
is available as a free download from BCR Publishing. Contact: Julie Hawkins or call +44 (0)20 8466 6987.
gtnews’
most recent SCF articles may be accessed
here
.

Related Articles

SAP Ariba makes procurement a snap for mid-market

Financial Supply Chain SAP Ariba makes procurement a snap for mid-market

1m GTNews
Cold comfort for SMEs amidst Carillion bankruptcy

Economy Cold comfort for SMEs amidst Carillion bankruptcy

2m GTNews
What are the objectives of liquidity management?

Cash Management What are the objectives of liquidity management?

2m Michael McCaw
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

2m Victoria Beckett
The emergence of API usage in trade finance

Automation The emergence of API usage in trade finance

3m Andrew Berti
De-risking trade finance operations: A transitional approach

Bank Relationships De-risking trade finance operations: A transitional approach

3m Jacco de Jong
2017's most read: Correspondent banking: still in rude health?

Bank Relationships 2017's most read: Correspondent banking: still in rude health?

4m Henry Balani
2017's most read: The future of cash management: the single multi-currency virtual account

Accounts Payable 2017's most read: The future of cash management: the single multi-currency virtual account

4m Matthew Fuellhart