draft agenda - smef working group 2017 · 8th afi sme finance working group (smefwg) meeting...

AGENDA 8th AFI SME Finance Working Group (SMEFWG) Meeting Victoria, Seychelles

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Monday, 13 March 2016 Venue: Day 1 JOINT SESSIONS CONSUMER EMPOWERMENT AND MARKET CONDUCT, and SME FINANCE WORKING GROUPS

8.30 – 9.00 Participants Registration

9.00 – 9.30 Session 1

Welcome Remarks • TBC, Central Bank of Seychelles • Dr. Alfred Hannig, AFI Executive Director • Ms. Armenuhi Mkrtchyan, Central Bank of Armenia and CEMCWG Chair • Mr. David Myeni, Ministry of Finance of Swaziland, SME Finance WG Co-

Chair

9.30 – 9.40 Group Photo Session

9.40-10.30 Session 2

Cross-cutting policy concerns: Empowering MSMEs, increasing profitability? Objective: The goal of the joint session is to find topics of common interest for the CEMC WG and the SME Finance to set a common research agenda on regulatory and policy topics where a dialogue and collaboration would be needed to design and write a knowledge product. Methodology: The Chair of the CEMC WG and the SME Finance will ask the audience to breakdown to respond some question that will set the discussion of the joint meeting, and find out the existence of evidence on the impact of financial education campaigns in the level of profitability of MSMEs that participate in trainings. -Roundtable (5) discussions will be held to respond to the following questions (20 minutes):

a. Does your country consider MSMEs as financial consumers in the applicable consumer protection regime? (Y/N)

b. Which are the risks of not training SMEs? c. Have your institutions conducted financial education campaigns for

SMEs? (Y/N) d. Have you measured the impact of financial education initiatives on

the level of profitability of SMEs?


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10.30 – 11.00 Coffee Break

11.00 – 13.00 Session 3

Financial Education and its impact on SMEs profitability. Questions to guide the discussion:

• Is profitability and turnover increased when SMEs received financial education? What evidence from Mexico and Uganda brings to this debate?

• Is it possible to improve business practices and increase profitability of SMEs by offering them individual mentoring with business experts?

• Are SMEs or MSMEs defined in your law and regulation? Has this definition as ‘financial consumer’ increased or facilitate access to financing to these entities? To what extent, considering a MSME as a financial consumer might impact positively? Is there evidence?

Moderator: Mr. Eliki Boletawa, Head of Policy Programs & Regional Initiatives,

AFI (TBC) Panelists: Mr. Dean Karlan, Professor of Economics, Yale University (TBC)

Ms. Lucia Sanchez, Program Director, Small & Medium Enterprises Program, IPA (TBC) Mr. Bilal Zia, Senior Economist, Development Research Group, World Bank (TBC) Mr. Martin Valdivia, Principal Researcher, GRADE (TBC) Ms. Maria Christina Simbulan, Bangko Sentral Pilipinas (TBC) Mr. Ahmad Haniff Jamaludin, Bank Negara Malaysia (TBC) Ms. Zaira Badillo, CNBV, Mexico (TBC)

13.00 – 14.00 Lunch

13.15 – 15.15 Session 4

Finding policy theme synergies between the two working groups. Group Breakout Facilitators: Ms. Maria Moreno Sanchez, SME Finance Working Group Manager, AFI Prioritizing and setting the main topics to develop joint knowledge products Two (2) Groups to discuss the relevance of… -Defining MSMEs as financial consumers and the positive impact on access to financing. -Building evidence on financial education programs to assess its impact on the level of profitability of MSMEs.


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15.15 – 15.30 Coffee Break

15.30 – 16.45 Session 5

Group Report Back -Decision on topics to be covered by the two groups. -Takeaways report -Setting concrete deliverables and timetables to develop a knowledge product

16.45 – 17.00 Summary – Day 1

19.30

Welcome dinner Venue (tbc)

Tuesday, 14 March 2016 Venue: Day 2 8th SME FINANCE WORKING GROUP MEETING 8.30 – 9.00 Session 6

Welcome Remarks • Mr. David Myeni, Co-Chair SME Finance Working Group, AFI • Ms. Zaira Badillo, Co-Chair SME Finance Working Group, AFI • Ms. Maria Moreno, SME Finance Working Group Manager, AFI

9.00 – 10.00 Session 7

Lessons from the Joint Meeting - Report on the next steps Facilitator • Ms. Maria Moreno Sanchez, SME Finance Working Group Manager, AFI Objective -Present the outcomes and takeaways post-meeting with CEMC WG -Agree on next steps, activities, deadlines, and deliveries to produce common knowledge products. -Create a sub-group to liaise with CEMC WG on knowledge production. Methodology -Presentations of the Roundtable discussion facilitated by the SME Finance Working Group Manager to set 2017 activities, responsible and outcomes.

10.00-10.15

Coffee Break


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10.15- 11.15 Session 8

Converging global financial policies agendas: AFI and the G20 Questions to guide the discussion:

• Which are the synergies between the work of GPFI and the G20? • Why is so important to develop a dynamic dialogue and constant

feedback between these two working groups? • What could G20 tools could offer to the AFI SME Finance WG? • What the AFI SME Finance WG is expecting from the dialogue with the

G-20? • How to set a dynamic implementing partner role of the Sub-group SME

Finance? Moderator: Mr. Alfred Hannig, Executive Director, AFI Panelists: Ms. Ghada O. Teima, Global Practice Finance & Markets, IFC Ms. Natascha Beinker, Policy Adviser, BMZ, German Presidency Mr. David Myeni, Co-Chair SME Finance WG, AFI Methodology: Opening -Mr. Alfred Hannig will start the discussion by highlighting this first meeting whereby the G-20 Presidency will strengthen the collaboration with the AFI SME Finance Working Group. (10 minutes) Presentations -Ms. Beinker will provide a high-level presentation of the G-20 agenda under the German Presidency and will present the Work Plan for 2017 (10 minutes) -Ms. Teima will supplement this presentation and present the “SME Finance Action Plan”, focused on credit infrastructure (10 minutes) -Mr. Myeni will present the SME Finance G-20 Sub-Group, TORs, objective and expectation on the relation with G-20 under the German Presidency (10 minutes). After these presentations, the panel will finalize with their presentations, with Mr. Hannig final reflections. Takeaways:

1. Raise awareness on the AFI’s implementation role before the G-20, 2. Increase the implementation of data collection, reporting of SME Base

Indicators to improve the implementation of the SME Finance Compact.


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3. Exchange expectations and create a policy conversation to converge global agendas between G-20 and non-G20 policymakers.

11.15 – 12.15 Session 9

Implementing the dialogue with the G-20: discussing to implement, Group Breakout Facilitator: • Ms. Zaira Badillo Luna, Co-Chair SME Finance WG, AFI To follow up the panel discussion, Ms. Badillo will call the group to break into three (3) tables to ask a quick brainstorm to set a proposal to AFI-G20 (20 minutes): -Is there policy convergence on policy agendas between AFI and the G 20? -How the AFI SME Finance WG and the G 20 Sub-group can collaborate better with the G-20 implementation to accelerate access to finance? -Which specific activities can be jointly set between AFI and the G-20? Ms. Badillo will ask tables to report and appoint a representative to provide the responses of the group (15 minutes). Then, Ms. Badillo will sit together along with Ms. Beinker, and Ms. Teima to exchange and set common policy outcomes after this policy dialogue to set clear ways of collaboration on AFI for the activities scheduled under the G-20 German Presidency (25 minutes). Takeaways:

1. Set a clear dialogue and first approach of greater collaboration between AFI and the G20

2. Set clear expectations about the joint work 3. Set clear participation and awareness about the activities set for 2017.

12.15 – 13.00 Lunch

13.00 – 14.00 Session 10

Is there a role for financial policy-makers and regulators to improve credit infrastructure? Presentation: Ms. Ghada O. Teima, Global Practice Finance & Markets, IFC Panelists:

• Mr. Ali Faroun, Palestine Monetary Authority


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• Ms. Yunita Sari Resmi, Bank Indonesia • Mr. Jason Barrantes, SUGEF, Costa Rica • Mr. Esala Masitabua, Reserve Bank of Fiji

Objective: • The purpose of this session is to share several global and regional

experiences to ponder the actual role of policy makers and regulators to shape better regulatory architecture that enhance access to financing. What to do? What about SME Finance national policies, are regulators part of it?

• Give space to AFI regions with needs of develop credit infrastructure information and present existing toolkits as the ones developed by G-20 programs.

Takeaways

1. Foster the exchange of experiences on a key topic as credit infrastructure between g 20 and nong20 countries.

2. Share regional experiences 3. Decide to create a specific catalogue of policy interventions led by AFI

member institutions in credit infrastructure to harness the access to financing of MSMEs.

14.00 – 15.00 Session 11

Sharing the AFI knowledge – Presenting the Survey Reports produced by the AFI SME Finance Working Group in 2016 Defining the criteria to define MSMEs – Evidence and findings from 31 countries (20 minutes)

• Ms. Maria Christina Simbulan, Bangko Sentral ng Pilipinas SME Finance Policies for MSMEs owned by Women and Women Entrepreneurs (20 minutes)

• Ms. Zaira Badillo Luna, CNBV, Mexico Q&A (15 minutes)

15.00-15.15

Coffee Break

15.15-16.00 Session 12

Maya Progress, status of compliance of Maputo Accord, submission of SME Base Indicators. How to report better? Group Breakout

• Ms. Maria Moreno Sanchez, AFI Objective

• Present the status of reporting • Discuss levels of reporting to the AFI Data Portal


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• Detect bottlenecks that prevent reporting the SME Base Set Indicators • Find common strategies to enhance reporting.

Wednesday, 15 March 2016 Venue: Day 3 8th SME FINANCE WORKING GROUP MEETING 8.30 – 9.00 Session 13

Mile-by-Mile – Recap Day 3 • Ms. Olga Sorokina, Central Bank of the Russian Federation

9.00 – 11.00 Session 14

Agricultural Finance and Agri-MSMEs Access to finance – clarifying concepts, setting roles for financial policy-makers, presenting evidence from “Enabling the business of agriculture 2016”. Facilitator

• Mr. Panos Varangis,GlobalLeadforagriculturalfinanceandagriculturalinsuranceintheFinanceandMarketsGlobalPractice,IFC

Objective -Set clear concepts and differentiate the roles on agricultural finance and financing Agri-MSMEs. -Differentiate access to finance for SMEs and for micro-enterprises.

-Distinguish between financing primary production (e.g. farmers, producer organizations, coops) and post-harvest activities (e.g. agribusiness SMEs for trading, processing, input supply, equipment, etc.) as the issues and the policies impacting such financing can be quite different. -Exchange country experience, class style with questions to open the floor. -Differentiate the role of financial policy makers and financial regulators when designing policies and laws and regulations covering segmentation of clients, risk identification, and appropriate channels to reach MSMEs. Methodology -Presentation of the results of “Enabling the business of agriculture 2016” on what concerns to policies and regulations that can enhance financing to Agri-MSMEs (35 minutes). -Open the floor to respond to the following questions (45 minutes): (i) Which is the role of financial regulators on fostering access to financing for Agri-finance MSMEs


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(ii) To what extent, do policy makers have a different role to financial regulators to develop and shape policies and approve friendlier regulations? (iii) Which policies or regulations have your country approved to enhance: Access to Finance (Appropriate channels to reach these MSMEs), rate of access to finance levels, vulnerability of Agri-MSMEs to risks. -Tables will report responses and trends with the aim of setting policy priorities to decide to what extent the group is ready to design a new knowledge product (30 minutes). - Final comments of the facilitator to proceed to the next session.

11.00-12.00 Session 15

What can policymakers and regulators do to strengthen financial infrastructure for Agri-MSMEs? Building data to ease financing for Agri-SMEs

• Mr. Panos Varangis,GlobalLeadforagriculturalfinanceandagriculturalinsuranceintheFinanceandMarketsGlobalPractice,IFC

• Mr. [ ], Letshego • M( ). [ ], MasterdCard

12.00 – 13.00

Lunch

13.00 – 14.00 Session 16

The other financial services providers to Agri-SMEs: MFIs, SACCOs and rural financial entities

• Mr. John Mwaka,SASRA,Kenya

14.00- 15.00 Session 17

The other financial services providers to Agri-SMEs: MFIs and SACCOs • Mr. John Mwaka,SASRA,Kenya

15.00 – 16.00 Session 18

Financial operations: warehouse receipts, factoring and leasing • M[ ], Banco Central do Brasil / Banco Lage Landen Brasil • Mr. Jose Katoor, Reserve Bank of India

The relevance of supervising and licensing reliable warehouses and negotiable warehouse receipts

• Ms. Maria Christina Simbulan, BSP, Philippines Factoring (purchase of receivables) and warehouse receipts as collaterals used by Agri-MSMEs

16.00 – 17.00 Group Breakout • Facilitator: Ms. Maria Moreno Sanchez, AFI

Objective

• Is this topic a priority for the SME Finance Working Group? • Is there an interest into developing a knowledge product?


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• Is there an interest to develop a knowledge product with the GPFI?

Day 4, Thursday, 16 March 2016 8th SME FINANCE WORKING GROUP MEETING 8.30 – 9.00 Session 13

Mile-by-Mile – Recap Day 3 • Ms. Olga Sorokina, Central Bank of the Russian Federation

9.00 – 12.00 Session 14

Working Group Management. Facilitator

• Mr. Maria Moreno Sanchez, SME Finance Working Group Manager. Objective

• Approve TORs of the new Sub-Group to liaise with GPFI (G20) • Approve the latest Charter of the SME Finance WG • Decide next steps to develop knowledge products on the topic covered

in the session • Election of a new Chair for the SME Finance Working Group • Approve the 2017 activities of the SME Finance Working Group

12.00-13.00

Lunch

13.00-12.00 Field Excursion

draft agenda - smef working group 2017 · 8th afi sme finance working group (smefwg) meeting...

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