News

CashDirector Joins 150 Other Financial Institutions to Promote SME Finance

Washington, D.C. February 12, 2019 –  CashDirector 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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Members Only Webinars for 2019
Every month the SME Finance Forum organizes a webinar for its members. We invite industry experts from leading banks or innovative fintechs to talk about their approach to small business finance. Members can tune in to the webinars via WebEx or the phone. The webinars are designed to be interactive and we encourage members to ask questions and...
Nova Credit Limited Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. January 8, 2019 – Nova Credit Limited (Nova Credit) 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...
China Moves to Ramp Up Lending to SMEs
Aiming to further support the development of the real economy, optimize the liquidity structure and lower financing costs, the People’s Bank of China (PBC) has decided to lower the required reserve ratio for financial institutions by 1 percentage point, 0.5 percentage point of which will be cut on January 15, 2019 and a further 0.5 percentage...
Member News: EIB Provides €30M Loan for Women Entrepreneurs in Ethiopia
SME Finance Forum member, the European Investment Bank (EIB), signed a new loan with the Ethiopian Ministry of Finance and Economic Cooperation “to further boost female economic inclusion and empowerment across the country.” Accordingly, the EIB will provide a €30 million long term loan to the Ethiopia Women Entrepreneurship Development Project (...
Member News: Gulf Bank in Deal to Finance Women in Mining Industry
SME Finance Forum member Gulf African Bank has signed a deal to finance women in the mining industry. The lender is partnering with the Association of Women in Energy and Extractives Kenya (AWEIK). Under the partnership, women who are interested in supplying items to mining industry players will submit their invoices to the mining, oil and gas...
Federación de Cajas de Crédito y de Bancos de Los Trabajadores Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. December 18, 2018 –  Federación de Cajas de Crédito y de Bancos de Los Trabajadores (Fedecrédito) 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...
United Commercial Bank Limited Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. December 11, 2018 – United Commercial Bank (UCB) Limited 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...
Member News: CreditEase Wealth Management Awarded Best Social Impact Project in Wealth and Society in China
SME Finance Forum member CreditEase Wealth Management received the Best Social Impact Project in Wealth and Society in China award at The Global Wealth and Society Awards 2018. The London-based Global Wealth and Society Awards Programme seeks to recognize high and ultra-high net-worth individuals who use their wealth to bring about positive...
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. “200 million businesses worldwide need financing...
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...