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IFC to hold Frankfurt SME meeting

05 February 2010

IFC, a member of the World Bank Group, and DEG, are hosting a G20 small and medium-sized enterprises finance meeting next week in Frankfurt, Germany.

Read more: [German SME trade finance training] [IFC trade finance training]

IFC, a member of the World Bank Group, and DEG, a member of KfW Bankengruppe, are hosting a G20 small and medium-sized enterprises (SME) finance meeting on 8 February, in Frankfurt, Germany.

The meeting will bring together senior...


Poll

Will Russia’s recent ban on grain exports result in a significant rise in private risk insurance claims from grain traders unable to fulfil their contracts?

Yes – there will be more claims. The government’s actions allow traders, with PRI cover, to make claims through contract frustration.
8%
No - the majority of Russia’s wheat production, some 70%-80%, is used for domestic consumption so the contracts represent only a small portion of the total wheat market, limiting the amount of potential claims.
23%
No - traders had a week’s notice before the ban allowing them to secure alternative supplies to fulfil contracts stated as optional origin.
23%
Maybe - but claims are likely to be limited to traders dealing in soft wheat whose contracts demand they source wheat only from Russia.
46%