Financial Instruments - Key to the future of SMEs


November 15, 2013

The following workshop is intended for persons who working within the area of financial services, business organisations and European policy officials that seek to improve the access to finance for Small and Medium Size Enterprises (SMEs) with the European and Mediterranean region. The workshop has the following objectives:

  • Aims to help raise awareness about the opportunities and considerations involved in creating and utilising of financial instruments to be launched for the EU Financial Perspective (2014 -2020) i.e. Competitiveness of Enterprises and Small and Medium-sized Enterprises (COSME)1, Horizon 20202 and the New financial instruments3 involving the European Commission and the EIB.
  • To understand of the role of the European Investment Bank (EIB) and that of the European Investment Fund (EIF) in blending the structural funds with private financing and other sources of funding as well as the new services that the EIB will be offering
  • Highlight the European Bank for Development and Reconstruction’s (EBRD) priorities in the Southern and Eastern Mediterranean (SEMED) region with particular focus on the SME sector.
  • Share and exchange the best practical case studies of what worked as well as policy and new instruments that will be available in the future could be discussed particularly in the areas of Micro credit, start up financing, grants, financing engineering and mezzanine finance could be evaluated.

The discussions brought about at the event would share the best practices amongst financial services players and EU institutional players on financial engineering instruments, Risk Sharing Instruments and Guarantee instruments.

Download the Programme here.


1 The new Programme for the Competitiveness of Enterprises and Small and Medium-sized Enterprises (COSME) will run from 2014 to 2020, with a planned budget of €2.3bn (current prices). More Information

2 Horizon 2020 is the financial instrument implementing the Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe's global competitiveness. Running from 2014 to 2020 with a budget of just over €70 billion, the EU’s new programme for research and innovation is part of the drive to create new growth and jobs in Europe. More Information

3 In a joint report (June 2013) to the European Council, the Commission and the EIB have outlined possible new risk sharing financial instruments offering an attractive leverage effect, and capable of improving SME access to finance in particular in those regions where it is a real issue. More Information

Member banks
  • The Bank of Valletta Group is a leading financial services provider in Malta, providing retail banking, investment banking, private banking, fund management, bancassurance, stockbroking and trustee services.

  • Spain’s fourth largest private banking group, covering all areas of the financial business sector under a common denominator: professional performance and quality.

  • One of the leading banks in the Kingdom of Jordan. A bank that has distinctly adapted continuous development and improvement schemes in all of its activities.

  • BPCE Banques Populaires network has 8,500,000 clients and customers (including 3,900,000 members), more than 3,338 branches, and is part of the second largest French banking group – the BPCE Group.

  • With the largest network of banking, the Banque Populaire Group is the leading banking network in Morocco .By the end December 2012, its network was 1145 branches and over 1323 ATMs.