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Welcome Salt Edge as our newest member social media card
Washington D.C., August 10th, 2020- We’re excited to share that Salt Edge is the newest member of the SME Finance Forum. We bring together development financial institutions, banks, and fintechs from around the world to support SMEs through knowledge exchange, policy change, and impactful partnerships.
 
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Worker with protective gear walking on a factory in Mongolia
Eight members of the SME Finance Forum won the IFC's 9th-Annual Trade Awards , which recognize the most successful partner banks that have been active under IFC’s Trade Finance Program in 2019. 47 winners were selected based on a competitive process amidst a total network of over 500 banks. “ We’re proud of the contributions our members make each...
New Member: Funding Societies joins SME Finance Forum to accelerate support to small businesses
Washington D.C., July 1st, 2020 - We’re excited to share that Funding Societies 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...
SME Finance Forum and IFC announced the winners of the 2019 Global SME Finance Awards
Originally posted on IFC website . Amsterdam, October 8, 2019 —SME Finance Forum and IFC announced the winners of the second edition of the Global SME Finance Awards last night during the Global SME Finance Forum 2019, the annual flagship event of the SME Finance Forum. Sixteen award winners were selected from a global pool of 144 entrants for...
Closing the MSME Finance Gap: Opening Remarks at the 5th Global SME Finance Forum
The Global SME Finance Forum 2019 welcomed over 650 attendees from more than 280 institutions in 75 countries. On the 5-year anniversary of the annual Forum, Her Majesty Queen Máxima of the Netherlands, UN Secretary-General's Special Advocate for Inclusive Finance for Development (UNSGSA), delivered the keynote address. Read Queen's Máxima full...
Photo Credit: IDB Invest
Members IDB Invest and Overseas Private Investment Corporation signed a memorandum of understanding pledging to invest a combined $3 billion in development projects in Latin America and the Caribbean over the next five years, with the option of increasing the investment to $5 billion. IDB Invest and OPIC aim to match this investment by catalyzing...
Proparco Joins 160 Other Financial Institutions to Promote SME Finance
Washington, D.C., September 4th, 2019 – Proparco 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...
Photo: Jack Ma Photographer: Marlene Awaad/Bloomberg
Using real-time payments data and a risk-management system that analyzes more than 3,000 variables, Ma’s four-year-old MYbank has lent 2 trillion yuan ($290 billion) to nearly 16 million small companies.
BDC released the 2018-19 annual report, with a record year.
BDC supports 60,000 business owners across Canada. BDC highlights for 2018-19 include: $35 billion in capital committed to small and medium-sized businesses. This is up over 45% since 2015. Lent nearly $570 million to majority women-owned businesses . Opened up two of captive funds – IT and Health – to outside investors, which led to the creation...
Amsterdam Bicycles by Jace Grandinetti
“The Dutch Alternative Finance market has reached a tipping point and is now widely being accepted as an added value to the SME financing landscape by companies, banks and policy makers. Because of the many different AltFin providers the biggest challenge in the next couple of years will be to educate financial advisors to find the most reliable...
FSB Examines Effects of Post-Crisis Reforms on SME Financing
SME lending growth has resumed in recent years, and access to external finance for SMEs appears to have improved, particularly in advanced economies. The FSB (Financial Stability Board) has delivered a report to the G20 examining the effects of the post-crisis regulatory reforms on SME financing. The evaluation is part of a broader FSB examination...