Washington, D.C., February 10th, 2020 – FinDev Canada 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. 

“40 percent of small and medium businesses worldwide struggle to get access to the credit and capital that they need to grow their enterprises. We are delighted to welcome FinDev Canada to our network of more than 170 members who are working to eliminate the finance gap for SMEs,” said Matthew Gamser, CEO of the Forum. 

The Development Finance Institute Canada (DFIC) Inc., operating under the FinDev Canada brand, is  Canada’s development finance institution dedicated to providing financial services to the private sector in developing countries with the aim of combating poverty through economic growth by focusing on three main themes: economic development through job creation, women economic empowerment, and climate change mitigation and adaptation. “Working with peers through the SME Finance Forum membership will help us understand best practice and to reach SMEs with a more inclusive offer of financial services, “ said Paul Lamontagne, Managing Director of FinDev Canada.

To see all SME Finance Forum members, please visit: https://www.smefinanceforum.org/members/member-list

About SME Finance Forum
The SME Finance Forum was established by the G20 Global Partnership for Financial Inclusion (GPFI) in 2012 as a knowledge center for data, research and best practice in promoting SME finance. As an implementing partner for the GPFI, the International Finance Corporation (IFC) was tasked with managing the initiative. 

About FinDev Canada
The Development Finance Institute Canada (DFIC) Inc., operating under the FinDev Canada brand, is a Canadian institution dedicated to providing financial services to the private sector in developing countries with the aim of combating poverty through economic growth by focusing on three main themes: economic development through job creation, women economic empowerment, and climate change mitigation. The Development Finance Institute Canada (DFIC) Inc. is a wholly-owned subsidiary of Export Development Canada (EDC). Find out more about FinDev Canada here.

Media Contact
Carina Carrasco
ccarrasco@worldbank.org
info@findevcanada.ca