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JD Finance Joins 150 Other Financial Institutions to Promote SME Finance

Washington, D.C. December 3, 2018 – JD Finance 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: Mekar is Named One of the Top 10 Online Lending Platforms of Indonesia
SME Finance Forum member MEKAR, has been listed by KPMG as one of the top 10 lenders changing market. MEKAR was the earliest of P2P lenders in Indonesia. MEKAR, though maybe not the largest total volume of loans, is unique in serving the small “unbanked” businesses in the farthest parts of Indonesia. It has some of the safest loans, and probably...
Member News: EIB Loans Belarusian Belagroprombank €50 Million Loan for SME Development
SME Finance Forum member, European Investment Bank (EIB) loaned Belarusian Belagroprombank a €50 million loan to expand SMEs. Funds will be offered to SMEs that employ up to 250 people with the state share in their charter capital of at most 25 percent, according to the article. “We intend to offer loans to our clients for up to six years, with...
Member News: Over 200 SMEs Benefit from QDB’s Lending Scheme
SME Finance Forum member, Qatar Development Bank (QDB) impacted 298 Qatari SMEs by the disbursement of QR1.6bn from QDB through Al Dhameen. Al Dhameen, is an indirect loan facility programme that aims to motivate banks to offer financing to startups and SMEs that are unable to provide the necessary financing guarantees or collaterals, according to...
Member News: Diamond Bank’s Retail Strategy Drives Growth for SMEs
SME Finance Forum member, Diamond Bank released its Q3 financial report, which revealed their disbursement of N1 billion to small business owners under the lending scheme partnership with Women’s World Banking. Diamond Bank remains one of the leading retail banks in Nigeria. According to the article, Diamond Bank is among the first five SME...
Member News: AfDB Approved US $100 Million Towards South Africa’s Transit Sector
SME Finance Forum member, African Development Bank (AfDB) will provide US $100 million in loans to SA Taxi Development Finance Limited, a minibus taxi systems that supplies 69 percent of public transportation trips in South Africa. According to the article, the funds will provide support towards the cCompany’s goals and initiatives along with...
Sinapi Aba Trust Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. October 23, 2018 –  Sinapi Aba Trust (SAT) 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: Funding Circle Partners on New Reporting Platform
SME Finance Forum member, Funding Circle partnered with top fintech reporting and analytics platform, dv01. According to the article, the partnership will allow institutional investors who use dv01 to conduct analysis on marketplace lending and mortgage loans and bonds to access Funding Circle's US SME loan performance data on dv01. Investors will...
Member News: EIB Signs Agreement to Support Hungarian SMEs
SME Finance Forum member, European Investment Bank, signed four separate loan agreements totaling in €400 million that will benefit several projects. The loans are a part of the ‘Junker Plan’; one agreement worth €25 million will benefit Budapest Bank’s efforts towards increasing lending to Hungarian SMEs. “We are also pleased to sign the first...
Member News: EIF and BGK Sign Agreement to Support Cultural and Creative Focused SMEs
SME Finance Forum member, European Investment Fund (EIF) and Bank Gospodarstwa Krajowego (BGK) will support Polish SMEs with 525 million zloty (around 125 million euros) of loans over the next three years, according to the article. The new agreement will benefit almost 3,000 SMEs in the creative and cultural sectors. According to the article,...
Shanghai Zhaoxi Network Technology Co., Ltd.  Joins 140 Other Financial Institutions to Promote SME Finance
Washington, D.C. September 25, 2018 – Shanghai Zhaoxi Network Technology Co., Ltd. (Zhaoxi) 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...