Global trends in banking and financial innovation in Asia
Nottingham University Business School banking and finance expert Professor Meryem Duygun recently gave three keynote talks at high profile events in China and Japan.
Professor Duygun holds the Aviva Chair in Risk and Insurance at Nottingham. In October 2016, the Asian Development Bank Institute (ADBI) invited her to the conference on 'MSME's Access to Finance in a Digital Finance Era' in Tokyo.
The conference explored the problem of the limited access to finance for small and medium enterprises (SMEs) in Asia, where rejection rates for working capital loans are much higher than for large firms.
The event attracted influential organisations such as the Asian Development Bank, the China Association of Micro-finance, Dagong Credit Rating Company, Credit Risk Database Association, SME Corporation Malaysia, Small and Medium Enterprise Credit Guarantee Fund of Taiwan, National Credit Bureau Co, Thailand, Credit Data Collection and Credit Scoring at Korea Enterprise Data, S&P Capital IQ, and the Credit Risk Database Association.
These key policy makers aimed to find ways to address the challenges faced by SMEs when applying for a bank loan, promote better understanding of credit databases and credit scoring for SMEs, and encourage growth of start-ups in Asia.
Global Trends in Banking
Professor Duygun also spoke at the 2016 China-UK Financial Talent Education Meeting on Banking in Guangzhou. Her talk on "Global Trends in Banking: Opportunities and Challenges" was attended by around 200 senior executives from commercial banks in Guangdong Province. This was organised in collaboration with Guangzhou Tianhe Central Business District Administrative Committee, the UK Department for International Trade, and Guangdong-Nottingham Advanced Finance Institute (GNAFI).
The 1000 Lantern Lake Financial Summit 2016, Foshan, 29 October 2016
This Financial Summit was held in Guangdong financial high-tech zone and it was organised by the Guangdong Institute of Finance, the Guangdong Provincial People's Government Financial Office, the Guangdong Financial High-tech Service Zone and the South China Institute of Innovation and Finance.
This national summit, which is approved by the State Council and authorised by the People's Bank of China Research Bureau, attracts great attention from policy makers, academics and industry professionals.
Over a thousand well-known experts and scholars from China and abroad gathered in the Guangfa financial centre to discuss the effectiveness of supply side economic reforms, and offer advice on the financial reforms and developments of Foshan. Professor Duygun’s keynote was on "Finance-Innovation Nexus: Evidence from a Non-linear Approach."
Professor Duygun said, “I am thrilled to have been invited to give talks at such high level meetings. It has been an excellent opportunity to bring our research to the attention of policymakers in Asia and help shape the development and implementation of public policy in the region.”
Professor Meryem Duygun
T: +44 115 9515267
Posted on Monday 5th December 2016