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Women play a significant role in the development of our economy but are one of the most vulnerable groups impacted by unprecedented events. The ongoing pandemic has heightened the need to address the gender finance gap in societies around the world and drive initiatives to support them in achieving financial independence.  
 
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Powering financial institutions to innovate SMEs digital banking journey
SME Finance Forum members CRIF and Strands have joined forces in an exciting move to create a new provider of digital solutions for Open Banking. Earlier this month, it was announced that CRIF had acquired Strands, and we had the exclusive opportunity to talk to Enrico Lodi , CRIF’s General Manager, and Erik Brieva , Strands’ CEO, to discuss what...
The world needs new partnerships to protect SMEs from COVID-19's impact
Posted originally on The Banker website. Article by Lesly Goh , SME Finance Forum Senior Advisor, and former chief technology officer at the World Bank . Closer partnerships between governments and innovative companies will help our communities during and after the COVID-19 crisis, says the World Bank's Lesly Goh. It is a grim reality for small...
The President’s Coronavirus Guidelines for America The Department of the Treasury and Small Business Administration issued guidance for the Paycheck Protection Program. The guidance can be found here: Paycheck Protection Program – Interim Final Rule Assistance for American Workers and Families In the weeks immediately after the passage of the...
WSBI statement on Covid-19 outlines savings and retail banks' role
Member: World Savings and Retail Banking Institute (WSBI) statement on COVID-19 Posted originally on https://www.wsbi-esbg.org/ Due to COVID-19, the financial industry will face an unprecedented challenge, and this may last for quite some time. A health pandemic was not on the cards and banks need to work together with authorities to avoid the...
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Originally posted on the IFC Intranet on March 30th,2020 Strategy Analyst Khondoker Tanveer Haider spoke with Communications Consultant Gregory James Felder about the importance of youth engagement at IFC and launching the MSME Finance Competition. This is an edited version of their conversation. Q: Khondoker is an interesting name. What does it...
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In this article published by ALIDE , prepared by Pablo Pombo, Horacio Molina, and Jesús N. Ramírez, the authors aim to provide a better understanding of the operation of guarantee schemes through their typology and their corresponding business models. When discussing guarantee coverage in favour of micro, small and medium enterprises, it would...
Future of Banking and Fintech - Thought Leadership Series - Business Reporter
Business Reporter, a UK based B2B media outlet are producing the ‘global Future of Banking & FinTech filmed thought leadership series’ in 2020, a series of interviews and on-location documentaries aimed at educating business owners globally on the innovation trends that are reshaping the way financial services are structured, provided and used...
Credit Scoring's contribution to MSME Loan Growth - Community of Practice: 2019 Meeting
Community of Practice (CoP): Risk Management - A recap on 2019 meeting held in Amsterdam Credit Scoring's Contribution to Sustainable and Profitable MSM Loan Growth and Key Success Factors for Use of Credit Scoring The meeting took place on October 10, 10AM–12:30PM, in Amsterdam, during the Global SME Finance Forum 2019. The meeting was chaired...
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A study by Stanford University , Northwestern University, Dartmouth College and the Hong Kong University of Science and Technology found investors are more likely to bet that a company will see its stock prices rise if it reported “higher-than-average” gender diversity among its staff. Article via The Washington Informer .
Digitisation in Africa: Channelling Funding to SMEs
Proparco ’s 10-year anniversary issue of the Private Sector & Development magazine focuses on SME finance in Africa. As with each issue, Member Proparco gives a voice to a wide range of contributors: entrepreneurs, economists or fintech experts, allowing us to take a fresh look at the subject of SME financing, have a feeling from the ground of...