Washington, D.C., December 21, 2009—A
new study by IFC, a member of the World Bank Group, and Nordic
business consultancy Capacent shows that suppliers in emerging markets
are interested in solutions for supply chain financing to help them find
The Global Supply Chain Financing Market Study, carried out between
May and November 2009, analyzes the need and interest in supply chain financing,
focusing on Bangladesh, Brazil, Guatemala, Indonesia, Romania, Turkey,
and Vietnam. The study includes proposals for how IFC might create
a platform for emerging markets.
Suppliers in emerging markets, especially small and midsize enterprises,
find it more difficult to obtain financing because of the global financial
crisis and the trend toward increased use of open account trading and pressure
from major customers to increase payment terms.
“We have been implementing supply chain financing with our clients over
the past few years, and have seen great benefits for both buyers and suppliers,”
said Peter Stenbrink, Partner at Capacent Sweden. “It is exciting
to work with IFC in developing a program that could help bring supply chain
financing to many emerging markets.”
Supply chain financing helps suppliers find financing at attractive rates,
freeing up liquidity by introducing a platform that allows suppliers to
sell their invoices to financiers after the invoices have been approved
by buyers. This solution, which reduces invoice risk by providing
transparency of buyer approval of the invoice, has grown in use, especially
in developed markets. IFC is committed to working to bring supply
chain financing to suppliers in developing markets.
“The study has given us excellent insights into the needs in the market,
and how IFC could play a role in supporting emerging-market suppliers,”
said Rogers LeBaron, Senior Advisor at IFC. He noted that IFC will continue
working with Capacent to develop supply chain financing solutions in further
IFC is the only international financial institution focused exclusively
on the private sector, the engine of sustainable development in emerging
markets. Along with IBRD, it is currently seeking a capital increase
to strengthen its ability to create opportunity for the poor in developing
countries—including by working to implement new financing solution for
enterprises in emerging markets.
IFC, a member of the World Bank Group, creates opportunity for people to
escape poverty and improve their lives. We foster sustainable economic
growth in developing countries by supporting private sector development,
mobilizing private capital, and providing advisory and risk mitigation
services to businesses and governments. Our new investments totaled $14.5
billion in fiscal 2009, helping channel capital into developing countries
during the financial crisis. For more information, visit www.ifc.org.
Capacent is the leading Nordic business consultancy with more than 500
employees and offices in Denmark, Sweden, Iceland, Finland, and Norway.
The company builds value to its customer base by combining expertise in
research, consulting, and people. Capacent in Sweden focuses on management
consulting services with a financial edge. Its philosophy is based on creating
measurable value for clients by delivering sustainable results and using
consultants with broad and relevant experience. For more information, visit