21 October 2009
Micro-finance - the next frontier for the CEE
At the first meeting of the FSC CEE Club , our esteemed panel pointed out that like any crisis, there will be s both opportunities and threats. Some of the opportunities were related to various scenarios in the retail market. In April, our experts discussed some of the service opportunities ? deliverables for both retail, corporate, private and the un-banked. A trend gaining momentum in the region is microfinancing . Some banks are seeing this as their next step, others are using a watch-and wait strategy, yet others believe that the CEE region is more mature than a traditional microfinancing market.
- What is been the history of mircofinancing globally ?
- What the key success factors for building or buying a microfinancing institution ? how is the decision made to make or buy ?
- What are the challenges in transitioning this market to a traditional SME customer base.
- Is the CEE too ripe for microfinancing ?
An esteemed panel of speakers have been selected to discuss the subject including:
- Sava Dalbokov, CEO Good Bee Holding, daughter of Erste Group, Vienna
- Peter Püspök , Chairman of the board, Oikocredit Förderkreis Österreich. Former CEO Raiffeisenlandesbank Niederösterreich-Wien
- Guillermo Salcedo, Manager Global Credits Oikocredit, Amersfoort, Netherlands
- Olga Maitland , CEO Money Transfer International, Not-for-profit trade association, London, UK
- Ken Vander Weele, President, Opportunity Transformation Investments, Illinois, US
The evening will be moderated by Lydia Goutas and Thomas Labenbacher , Co-Chairs of the Financial Service Club CEE