APEC Financial Institutions Dealing with SMEs

About "APEC Financial Institutions Dealing with SMEs"

About "APEC Financial Institutions Dealing with SMEs"

Based on the proposal by Thailand, which was a host country of APEC at that time, this meeting has been held every year since the Memorandum of Understanding(MOU) was signed by 12 financial institutions dealing with SMEs from nine countries & economies in 2003. Now, 13 financial institutions from eleven countries & economies are member institutions. The result of a discussion is reported to the APEC Finance Minister's Meeting of the year. From Japan, Micro Business and Individual Unit (Former National Life Finance Corporation) and Small and Medium Enterprise Unit (former JASME) signed the MOU and have attended it. After integration, both units have attended meetings as JFC.

The Contents of Memorandum of Understanding(MOU)

Purposes To exchange views on the topics related to SME finance and to establish a cooperation system among MOU members in order to support SMEs in the APEC region
Areas of Cooperation Financial Cooperation: Debt Financing and Equity Financing, etc.
Technical Cooperation: Informational Exchange, Human Resource Development, Networking and other activities, etc
Others
  • The meeting must be held at least once a year.
  • This MOU bears no legally obligation on the members.

Member Institutions

  • China Development Bank
  • Bank of China(Hong Kong)Limited
  • The Hongkong and Shanghai Banking Corporation Limited
  • Standard Chartered Bank (Hong Kong) Limited
  • Japan Finance Corporation
  • Industrial Bank of Korea
  • The Association of Banks in Malaysia
  • Nacional Financiera, S.N.C.
  • Planters Development Bank
  • The Association of Banks in Singapore
  • Taiwan Cooperative Bank
  • SME Development Bank of Thailand
  • Vietnam Joint Stock Commercial Bank for Industry and Trade(Vietin Bank)
Member Institutions Member Institutions

Conference Theme and Venue

Year Conference Theme Venue
2004 Promoting APEC Entrepreneurs: The Financiers' Perspective Bangkok
2005 Better Environment for Financing Stronger Development of SMEs Beijing
2006 Strengthening Support and Cooperation for the Development of APEC SMEs" Hanoi
2007 Powering SMEs Hongkong
2008 SME Finance: Its Diversity
- Experience and Challenge in the APEC Region -		 Tokyo
2009 SME Development and Financing in an Age of Global Economic Crisis Seoul
2010 SME Development and Financing at the Threshold of the Next Decade
- Review, Re-strategize, Revamp -		 Kuala Lumpur
2011 Challenges and Current Trends in Financial Programs for SME's Nuevo Vallarta
2012 SME Banking in a Changing Landscape Manila

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