Belgian Finance Club, january 23 2014 Geert Janssens The future of SME-finance.

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Presentation transcript:

Belgian Finance Club, january Geert Janssens The future of SME-finance

VKW-survey: Is credit rationed?

Kefik-survey: Are you credit rationed?

VKW-survey: What is problematic?

Kefik-survey: Do you know your rating?

Equity capital ratio

VKW-survey: Banks advise to look around

Credit shortage looming large Source: Deutsche Bank

Alternatives to bank finance? Source: VKW Metena

New vehicles for SME loans

The future? More diversity: –new funds, private equity, insurance companies, mezzanine,… –More debt instruments, market finance,… Credit unions p-2-p lending, crowdfunding,… Asset based lending New banks?