COMCEC Trade Outlook 2017
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Member States inMENA. MENA banks quote the lack of SME transparency and the weak financial
infrastructure (weak credit information, weak creditor rights and collateral infrastructure), as
the main obstacles for further engagement in SME finance (Rocka, Farazi, Khouri and Pearce
2011:3).
Out of 57, only 23 OIC Member States have established national export-import banks to provide
trade finance for their firms. On the other hand, for even these countries, due to inadequate
financial resources, shorter maturity and limited types of products, many firms still face
difficulties in exporting and competing in the foreign markets.