The Philippines’ supply chain finance market has enormous potential, and is forecast to cover 15 per cent of MSMEs’ cashflow needs by 2024. This is the view of UnaCash Supply Chain Financing based in Manila, in the Philippines. This forecast follows a report by the International Finance Corporation (a branch of The World Bank), on the Philippines’ SCF market which it estimates as having over USD 20bn in “readily available SCF assets to be taken up by banks and NDTLs (non-bank lending institutions that do not take deposits).”
