News

Sathapana Bank Joins 150 Other Financial Institutions to Promote SME Finance

Washington, D.C. April 16, 2019 –  Sathapana Bank became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs.

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Member News: Equity Bank of Kenya Gets Lending Support from IFC
IFC has announced a $100 million (Sh10 billion) subordinated loan to SME Finance Forum member Equity Bank Kenya to grow its lending operations Kenya. IFC’s loan facility will assist Equity Bank increase its capital base and expand its lending program to small and medium enterprises and climate finance operations that support renewable energy,...
Member News: Caple Gains New Partner and Offers Loans Through Member BNP Paribas Asset Management’s SME Alternative Financing Lending Platform
Caple, an alternative credit specialist and BTG Advisory are partnering to help SMEs obtain unsecured lending. According to the article, the loans Caple facilitates are part of BNP Paribas Asset Management’s SME Alternative Financing direct lending platform. BNP Paribas is a SME Finance Forum member. SMEs will benefit from unsecured debt finance...
Social Development Bank Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. April 9, 2019 –  Social Development Bank (SDB) became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. “200 million businesses worldwide...
Member News: 4G Capital Welcomes Lord Currie to Board of Directors
March 25, 2019, London : The Board of 4G Capital announces the appointment of Lord David Currie, former chairman of the UK Competition and Markets Authority and current chair of the UK’s Advertising Standards Authority, as Non-Executive Director, with effect from 31 March. Lord Currie is a long standing government economic advisor and an advocate...
Q-Lana Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. March 19, 2019 –  Q-Lana became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. “200 million businesses worldwide need financing to...
Member News: Spartan SME Finance Secures Funding
SME Finance Forum member, Spartan SME Finance, has secured a R100-million investment from The SA SME Fund to anchor its R600-million debt financing fund, with half of the investment or R50-million, to be channelled to black African owned businesses, Ventureburn reports. The funding will be immediately available to Spartan SME Finance to boost its...
India SME Forum Helps SMEs Grow Their Business
SME Finance Forum member Grab, secures $1.46 billion from SoftBank Vision Fund. As Southeast Asia’s “leading super app” the company will use the funds to advance in areas such as, financial services, food delivery, parcel delivery, content and digital payments, according to the release. “We have been blessed with overwhelming shareholder support...
Member News: OPIC Provides Financing to Solar Energy Transformation Fund
SME Finance Forum member Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, has provided initial financing to SunFunder’s $85 million Solar Energy Transformation Fund which supports businesses providing solar solutions to some of the millions of people in Sub-Saharan Africa and India who lack...
Member News: IDB Invest Increases Credit to SMEs in Panama
SME Finance mMember, IDB Invest, the private sector institution of the Inter-American Development Bank (IDB) Group signed a loan of up to $29.25 million with Metrobank of Panama to increase financing to SMEs. The loan will improve the access of Panamanian SMEs to financial products and services. Furthermore, IDB Invest will facilitate a training...
Member News: EIF Helps Baltic Small Businesses Meet Their High-Growth Potential
SME Finance Forum member, The EIB Group, is committing resources from the Baltic Innovation Fund, a Fund-of-Fund initiative launched with the Governments of Lithuania, Latvia and Estonia in order to boost equity investments made into Baltic small and medium businesses with high growth potential. “We are pleased with the successful completion of...