Euro Banking Association publishes guide to supply chain finance

Source: Euro Banking Association

The Euro Banking Association (EBA) announced today the publication of a comprehensive guide to the European supply chain finance market.

Supply Chain Finance: EBA European Market Guide was presented to the European payments community at the conference and exhibition EBAday in Berlin.

The market guide describes the current Supply Chain Finance (SCF) ecosystem and analyses which drivers are propelling or constraining the take-off and adoption of this part of the supply chain management. It defines and explores market opportunities for possible SCF services and makes recommendations for a definition of a common terminology for the financial supply chain. The guide also identifies and explains key risk and regulatory issues that are impacting the SCF market. By combining explanatory material with an analytical framework, the guide aims at fulfilling two major objectives: to provide comprehensive background information as well as a discussion basis for relevant stakeholders.

"We created the market guide to help our community gain a better understanding of this complex subject and to explore the underlying trends and business opportunities in SCF", said Erkki Poutiainen of Nordea Bank Finland, Chairman of the EBA Supply Chain Working Group. "As a pan-European forum for payment practitioners, the EBA is in a good position to support the financial industry in leveraging the potential of this emerging market."

The EBA market guide on supply chain finance has been compiled with the support of a dedicated working group, which consists of experts in supply chain finance and einvoicing as well as product experts with a background in transaction banking. The EBA Supply Chain Working Group was primarily created to carry out an extensive study of the developing SCF market in order to provide a basis for a common understanding of the SCF ecosystem. Furthermore, the aim of the study was to explore the links between e-invoicing and SCF as a starting point for optimising financing structures.

Supply Chain Finance - EBA European Market Guide can be downloaded as a PDF document from the the EBA website at from the the EBA website at www.abe-eba.eu/N=EBA-Market-Guide-on- SCF.aspx. Digital copies are also distributed at EBAday (stand 41).

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