Forging New Links? A Research Review of Progress in the International Supply Chain Finance Market
This report from Demica
focuses on the expected future for Supply Chain Finance (SCF). The researchers conducted a qualitative survey in April 2013 of the top 25 European banks and a sample of International banks from Asia, Africa and the United States, as well as 14 international corporations.
The findings suggest that both banks and corporations see SCF as a value-added product that will soon become “need-to-have” rather than “good-to-have”.
- The major international banks surveyed are reporting an astounding annual growth of 30-40% in SCF programs
- The growth rate is expected to settle to 20-30% in 2015 and 10% in 2020
- China, along with India and Eastern Europe, will have the greatest SCF market potential in the future
- Technology is seen as an important tool to expedite the use of SCF