News

GRAB Financial Services Asia Joins 150 Other Financial Institutions to Promote SME Finance

Washington, D.C. May 3, 2019 – GRAB Financial Services Asia (GRAB) 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. 

News

News

Members News: Ecobank Ghana Introduces Unified Electronic Payment Solution for Merchants
SME Finance Forum member, Ecobank Ghana, has unveiled Ecobank Pay - a multi-featured digital payment solution, to boost digital payment in the country. According to the bank, the product delivers a unified and instant self-service payment solution to more than 15,000 merchants – a product that allows anyone to buy a product or service without...
Member News: 4G Capital Launches Award Winning Financial Services in Uganda
As part of its strategy to expand across the African continent, 4G Capital is delighted to announce the opening of offices in Kampala and launch of award winning financial services designed to empower micro and small enterprises (MSMEs) across Uganda. 4G Capital has supported the sustainable growth of MSMEs in Kenya since 2013 by providing...
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,...
SME Finance Forum Talks Financial Inclusion for SMEs at the WBAF Ministerial Roundtable
SME Finance Forum CEO, Matthew Gamser, recently explained why the G20 cares about financial inclusion (and has since its inception), and why SME access to finance always has been included in its work on inclusion. Gamser offered these insights at a plenary talk at the World Business Angels Investment Forum (WBAF) Ministerial Roundtable. "I spoke...
World Bank’s Executive Directors Select David Malpass 13th President of the World Bank Group
The Executive Directors of the World Bank today unanimously selected David R. Malpass as President of the World Bank Group for a five-year term beginning on Tuesday, April 9, 2019. The Board expressed its deep gratitude to Interim President Kristalina Georgieva for her dedication and leadership in recent months. The Executive Directors followed...
MadfooatCom Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. March 26, 2019 –  MadfooatCom 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...
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...
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...
Member News: BRAC Bank Wins Award
SME Finance Forum member BRAC Bank won the “Most Innovative SME Bank” award from International Finance Publications Ltd. BRAC Bank’s head of SME banking, Syed Abdul Momen, formally received the award from Sunil Bhat, director, International Finance, at the International Finance Awards 2018, held at Grand Hyatt Erawan Hotel in Bangkok, Thailand on...
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...