Library

Library

Member News: EIF Sign Partnership Deal on Romanian SME Financing
The European Investment Fund (EIF), part of the European Investment Bank Group, signed three additional SME Initiative guarantee transactions with BRD-Groupe Société Générale, with ING Bank (Bucharest Branch) and Libra Internet Bank acting as partners. The agreements with the three banks aim to facilitate access to finance for Romanian SMEs by...
Anne-Marie Chidzero Managing Partner, Alitheia Identity, and Board Member, Africa Enterprise Challenge Fund and Women’s World Banking, suggests ways in which the World Bank Group can help catalyze private sector growth in order to achieve the Sustainable Development Goals (SDGs), including supporting small and medium sized businesses (SMEs),...
Blockchain: Opportunities for Private Enterprises in Emerging Markets
IFC worked with key influencers and experts in the world of blockchain, distributed ledgers, and digital finance to create a series of six in-depth research papers examining the potential and perils of blockchain. The report highlights that a number of blockchain-based projects are now coming to life. A European Union consortium of seven banks...
Jim Yong Kim: Women-Owned Startups Could End Poverty
World Bank Group president Jim Yong Kim says one of the quickest ways to end poverty is increasing the ranks of female entrepreneurs. He tells Inc. magazine that U.S. should pay attention to the breakthroughs happening in the developing world. From his article, he says that Incubators and accelerators in Pakistan, Nigeria, and the Middle East are...
Addressing the SME Finance Problem
The World Bank's Development Research Group, in collaboration with its Finance and Markets Global Practice, in Kuala Lumpur has just produced a new Research & Policy Brief, entitled “Addressing the SME Finance Problem,” written by Facundo Abraham and Sergio Schmukler. It shows that although small and medium enterprises (SMEs) provide...
World Employment and Social Outlook 2017
This flagship report by the International Labour Organization, profiles SMEs throughout the world in relation to economic growth, job creation and the opportunities to access finance based on their economy. While large enterprises are the principal source of employment in the formal private sector relative to small and medium-sized enterprises (...
Establishing Stock Exchanges for SME Financing
In this article, Moazzam Ali Tarar explores the financing options available for SMEs, primarily in small cities. Tarar believes a stock exchange is worth pursuing, stating "In the last decade, various innovative financial tools have been developed globally to address business challenges of micro-enterprises, innovators and entrepreneurs. The...
Member News: Fawry Adds Mobile Payments
The Financial Times features SME Finance Forum member Fawry. Ashraf Sabry, founder and chief executive officer of Fawry, the Egypt’s oldest and biggest electronic payments company, has ambitious plans that would see Egypt’s mostly unbanked population of 94 million people carry out a broad range of financial transactions on their mobile phones...
Shane Williams, Co-founder of UBS SmartWealth, shares the experience of launching a robo-advisory service inside a large bank, covering choices between build or buy, in or outside the organization (setting a separate entity or not?), with the pros and cons of either choice.
World Bank's Women Entrepreneurs Finance Initiative (We-Fi) Launched with Ivanka Trump, Donors
Just three months ago, at the G20 leaders’ summit in Hamburg, Germany,the creation of We-Fi, an innovative new facility to advance women’s entrepreneurship and help women in developing countries increase their access to the finance, markets, technology, and networks necessary to start and grow a business, was announced. We-Fi aims to leverage...