With the kind cooperation of
Invitation
Practical Workshop on International Factoring Frankfurt, Germany 21 September 2016
FREE ADMISSION Session: Wednesday 21st September : 09:30 - 16:00 Venue: The Westin Grand Frankfurt Hotel Konrad-Adenauer-Strasse 7, 60313 Frankfurt Germany
Main sponsor:
Factoring continues to grow successfully both in mature markets and in emerging markets. Through their control methods and permanent monitoring of the receivables on their client’s debtors, Factoring Companies or Bank Factoring Divisions are able to provide more financing than traditional lenders and at the same time, limit their credit risks to a strict minimum. Factoring therefore plays an important role in financing the economic activity, also during the financial crisis. Traditionally it is small and medium-sized companies that benefit most from this financial instrument, but also more important companies use Factoring for flexible growth finance or for restructuring purposes. FCI in cooperation with EBRD decided to organize a Practical Workshop on International Factoring, offering attendees a unique opportunity, not only to discuss the current state of the Industry, new challenges and products & markets development, but also to network with players from the same region. The program of the conference is set up as an introduction to International Factoring. Topics will cover overviews of FCI and the Two-Factor system, the World of Factoring, risks and risk mitigation aspects, cross-border Factoring, EBRD and Factoring and a panel with EBRD Partner Banks who have launched Factoring and work within the FCI network. The conference offers attendees numerous opportunities to discuss issues of common interest with their peers and with FCI representatives.
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Practical Workshop on International Factoring 2016
THE AUDIENCE This promotion conference will give practical information and ideas about how to set up Factoring activities successfully. The conference will be particularly interesting for Factoring professionals from EBRD’s partner banks and for Financial Institutions who intend to launch Factoring activities. The conference is organized by FCI but is targeted both towards FCI Members and Non-Members. OBJECTIVES The meeting aims at informing senior executives from banks, government officials, regulators and entrepreneurs aware of or interested in starting a Factoring activity, about international Factoring, its benefits and growth opportunities. The idea is to bring support and additional focus on cross border open account and supply chain finance services to the market.
Programme CONFERENCE PROGRAM WEDNESDAY 21ST SEPTEMBER: 09.30 – 16:00 09.00 – 09.30:
REGISTRATION
09.30 – 10.15:
Introduction to FCI and to the Two-Factor System Mr. Peter Mulroy, FCI Secretary General, Netherlands
10.15 – 11.00:
The World of Factoring: Facts & Figures Mr. Erik Timmermans, Deputy Secretary General, FCI, Belgium
11.00 – 11.30:
COFFEE BREAK
11.30 – 12.15:
Risks and Risk Mitigation in Domestic and International Factoring Mrs. Aysen Cetintas, Education Director, FCI, Turkey
12.15 – 13.00:
EBRD and Factoring Mr. Marco Nindl, Principal Banker - Trade Facilitation Programme, EBRD, UK
13.00 – 14.00:
LUNCH BREAK
14.00 – 14.45: How to set up Factoring activities in a bank. Which support can FCI bring? Mrs. Aysen Cetintas, Education Director, FCI, Turkey
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14.45 – 15.30:
Panel/testimonial from EBRD Partner Banks who have launched Factoring and work within FCI network Moderated by Maria Mogilnaya, Associate Banker Trade Facilitation Programme Financial Institution, EBRD, United Kingdom Panelists already confirmed: - Mrs. Tamar Gugushvili, TBC Bank Georgia - Mrs. Tamara Khizanishvili, Deputy Director of Corporate, Bank of Georgia - Mr. Gevorg Khachatryan, Deputy CEO-Director of Customer Services Department, ArmSwissBank CJSC, Armenia
15.30 – 15.40:
Presentation by our sponsor CODIX
15.40 – 16.00:
Q & A Forum
END OF THE CONFERENCE
Practical Workshop on International Factoring 2016
LOCATION The conference will take place at the Hotel Westin Grand Frankfurt. The hotel can be reached from Frankfurt airport (15km). Taxis are readily available at the airport to transport guests to the hotel. The Westin Grand is located in the heart of the city, an ideal starting point from which to explore this bustling metropolis on the beautiful Main River. Frankfurt’s financial district is located very close to the hotel, as is the historic center. FREE REGISTRATION Accommodation, travel and personal expenses are at the expenses of the attendees. REGISTRATION DEADLINE Please register by 4 September 2016 at the latest using the attached form or via our website PASSPORT & VISA Please check if you require an entry visa to Germany, please visit the Ministry of Foreign Affairs webiste http://www.auswaertiges-amt.de/EN/ EinreiseUndAufenthalt/Visabestimmungen_node.html
INFORMATION For all information, please contact the FCI Secretariat: T: +32 (0)2 772 6969 F: +32 (0)2 772 6419 E:
[email protected]
About FCI: FCI was set up in 1968 as an umbrella organisation for independent factoring companies around the world. Today we have grown into the world’s representative factoring network and association with more than 400 members in 90 countries. When FCI started, domestic factoring was only available in North America and a few European countries. The concept of cross-border factoring was still new and restricted by its lack of geographic reach. Recognising the potential for international factoring, the founding FCI members realised an umbrella organisation was needed, firstly to introduce factoring in countries where it was not yet available, and secondly to develop a framework for international factoring that would allow factoring companies in the country of the exporter and the importer to work closely together. In 2016 the activities of IFG (International Factors Group) were integrated into FCI. Today, FCI is truly the global representative body for the Factoring & Receivables Finance Industry. FCI offers three major areas of activities: CONNECT : the Business network supports cross-border factoring activities through which its members cooperate as export and import factors EDUCATE : FCI promotes and develops best practices in both domestic and international factoring and related Open Account Finance products INFLUENCE : FCI promotes and defends the Industry with stakeholders and policy makers worldwide
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Practical Workshop on International Factoring 2016
Please send the form duly filled and signed to the FCI secretariat: E-mail:
[email protected]
REGISTRATION FORM
Practical Workshop on International Factoring Frankfurt, Germany Dates: 21/09/2016 Location: : The Westin Grand Frankfurt, Germany COMPANY Company Name: Factor code: Address (for non-Member): City:
Zip Code:
Country:
VAT No:
DELEGATE 1 Title:
Mr.
Mrs.
Ms.
Surname:
First Name:
Position:
Branch office / Department:
E-mail:
Years of experience in current position:
Special wishes for meals for health or religious reasons:
DELEGATE 2 Title:
Mr.
Mrs.
Ms.
Surname:
First Name:
Position:
Branch office / Department:
E-mail:
Years of experience in current position:
Special wishes for meals for health or religious reasons:
PLEASE TICK THE BOX: I confirm my registration at the Practical Workshop on International Factoring In the event that a speaker cancels his participation, every effort will be made to find a replacement presenter of equivalent experience. Program details or the actual organization of the event are subject to changes depending on the number of participants. A final program and confirmation will be sent to the participants 7 calendar days before the event.
Name (CAPITAL LETTERS): Date: Signature (Mandatory):
