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Medical Credit Fund reaches $100 million in capital disbursement
Financial Inclusion
Medical Credit Fund reached a disbursement milestone of $100 million in capital. As the only fund fully dedicated to the African health sector, its support has been critical for the continuation and improvement of care in many sub-Saharan regions, especially in the past crisis year. The Corona pandemic has put private facilities under increased...
Boosting SME growth in Armenia
Guarantees
Triodos Fair Share Fund and Triodos Microfinance Fund have provided a EUR 3 million debt facility to AraratBank, one of the leading financial institutions in the Armenian banking sector. This facility will enable AraratBank to further expand its outreach to small and medium-sized enterprises (SMEs). Rosanna Sarkeyeva, Regional Manager for Europe,...
Member News: 10x1000 Tech for Inclusion Program Survey
Financial Inclusion
Fellow member Ant Financial has a very exciting program (cosponsored by IFC ) called 10x1000, intended to develop new fintech leaders for financial inclusion across emerging markets. The “ 10x1000 Tech for Inclusion Program ” is an open platform that encourages technology innovation and communication for future digital leaders. The program will...
Islamic Development Bank Group (IsDBG) joins the SME Finance Forum global network
Policy & Regulation
Islamic Development Bank Group (IsDBG) joins the SME Finance Forum global network to enhance coordination with international institutions for more impactful interventions benefiting its member countries and the Muslim communities worldwide . Washington D.C., January 13th, 2021 - Islamic Development Bank Group (IsDBG) , including ICIEC, IRTI, ISFD...
New member welcome social media card with Funding Options logo
Fintech
Washington D.C. December 18th, 2020 - Business finance marketplace Funding Options has joined the SME Finance Forum global membership network. Small and mid-sized businesses are the lifeblood of the UK economy and will play a pivotal role in driving economic recovery with access to capital central to that. As the UK adapts to a tiered system of...
New Member: SunTrust Bank provides unique financial services and products to consumers
Washington D.C., December 18th, 2020 - SunTrust Bank joins the SME Finance Forum as the newest member of our global membership network. Our members are SME Financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide, through knowledge exchange and innovation. “40 percent of small and...
New Member: We welcome Investree to make loans more affordable to SMEs in Southeast Asia
Sustainable Finance
Washington D.C., December 17th, 2020 - We are excited to share that Investree joined the SME Finance Forum global membership network. The Forum brings together development financial institutions, banks, and fintechs from around the world to support SMEs through knowledge exchange, policy change, and impactful partnerships. “When we started in 2012...
New Member: We welcome First Bank Nigeria to pioneer SME development in Nigeria
Washington D.C., December 8th, 2020 - First Bank Nigeria Limited ( FirstBank ) joins the SME Finance Forum as the newest member of our global membership network. Our members are SME Financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide, through knowledge exchange and innovation...
Social media card welcoming new member SMERA to 200 membership network
Policy & Regulation
Credit Risk & Scoring
Washington D.C., November 30th, 2020 - We are pleased to welcome SMERA to the SME Finance Forum. Our global membership network consists of leading financial institutions, innovative financial technologies companies, and development finance institutions who come together to share knowledge, spur innovation, and promote the growth of small and...
New Member: We welcome ICD to the SME Finance Forum global membership network
Islamic Banking
Washington D.C., November 20, 2020 - We are excited to share that the Islamic Corporation for the Development of The Private Sector ( ICD ), the private sector development arm of the Islamic Development Bank (IsDB) Group , has joined the SME Finance Forum (Forum) global membership network. The Forum brings together development financial...