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Library

Ankur Mehrotra, Managing Director of Grab Talks Expansion During the SME Finance Forum 2018
During the Global SME Finance Forum 2018, Ankur Mehrotra, Managing Director of Grab details their expansion from a ride-hailing app to the largest offline-to-online (O2O) platform in South East Asia. ‘We have taken the Grab financial umbrella from E-Wallet - to cater to those without a bank account - to other forms of financial services such as...
World's First Private Sector Gender Bond Finances Women-Owned SMEs in Emerging Markets
IFC invested $75 million in a Gender Bond issued by Turkey’s Garanti Bank (a SME Finance Forum member). IFC details the story of how and why the investment with Garanti was a bold one. The bank, which is known in the market for its commitment to access to finance for women, is the first private sector bank in the world to launch a gender bond...
Money20/20 Europe 2019: Five Stories Breaking Trends
This year Money20/20 is helping you to navigate their epic Money20/20 Europe agenda with the introduction of their Money20/20 Stories – the five breaking trends they have identified that will be appearing across the agenda. If you’re thinking about how your company can deliver more meaningful innovation, you won’t want to miss this.
Member News: Fidor Recognized for New E-commerce Inspired Marketplace, Efficient Scale
SME Finance Forum member Fidor has been recognised by Celent as a winner of a “Model Bank of the Year” for its novel marketplace, Efficient Scale. The award was presented at a formal awards ceremony during the annual Innovation and Insight Day in New York. Celent, the global research and advisory firm for the financial services industry, was...
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. “200 million businesses worldwide need financing...
OECD Report: Financing SMEs and Entrepreneurs 2019
The 2019 edition of the OECD Scoreboard on Financing SMEs and Entrepreneurs was launched in Washington D.C. by Angel Gurría, OECD Secretary-General and Mario Marcel Cullell, Governor of the Central Bank of Chile. Sufficient and affordable access to different sources of finance is crucial to allow SMEs and entrepreneurs to reach their full...
Mastercard VP Shares How Partnering with Strands is Helping SMEs with Cash Flow Management
Jay Singer is Senior Vice President, Global Small Business Segment at Mastercard. In this role, he leads the global development and commercialization of the Mastercard innovative commercial products and solutions that serve small businesses. In an article, Singer speaks of how poor cash flow management is one of the top reasons small businesses...
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,...
Investment Plan for Europe: €20 Million for Innovative SMEs in Luxembourg through EIF and BIL
European Investment Fund (EIF) and Banque Internationale à Luxembourg (BIL) extend InnovFin SME Guarantee Facility agreement; EUR 20 million available for innovative SMEs and small mid-caps. The latest breakdown of results by country and sector from the European Fund for Strategic Investments (EFSI) has been released. The plan has mobilised almost...
Agro-SMEs Benefit From Matching Grant Support Scheme
The Fiji Development Bank (FDB) and the Ministry of Agriculture signed a memorandum of understanding (MOU) on a matching grant scheme to support SMEs focused on agriculture. According to the article, SMEs can receive access to grant finance of up to $50,000 and loan funding of up to $100,000. Areas that are included to benefit from this scheme are...