Articles

Banque du Caire CEO Shares Their Strategy for SME Financing

Banque du Caire has embarked on a five-year transformation strategy that includes regional expansion, strengthening its digital platform and boosting SME financing and financial inclusion. This interview with the CEO Tarek Fayed, shares how the bank is expanding its SME loan and microfinance portfolios.

Articles

Articles

Going Digital in Collections to Improve Resilience Against Credit Losses
Household debt is at an all-time high, delinquencies have been rising, and forward-looking macroeconomic indicators are softening. As a result, lenders are reexamining their capacities for handling delinquencies. Part of that reevaluation for heads of collections involves taking into account changes in the consumer landscape. For example,...
Bitbond CEO Talks Innovation in the Lending Industry
Radoslav Albrecht is the Founder and CEO of Bitbond, a global lending platform for small business loans. The SME Finance Forum member, leverages blockchain technology to connect creditworthy borrowers with individual and institutional investors. Recently, Anthony Manfre interviewed Radoslav to learn more about how Bitbond is leading innovation in...
CreditEase CEO Ning Tang on How China’s Fintechs Serve the Underserved
CreditEase - an SME Finance Forum member - founder and CEO Ning Tang recently shared with Mckinsey his perspective on how fintech players, from both within and outside China, can capture the opportunity among small and midsize Chinese businesses and how artificial intelligence (AI) can help. The following commentary is adapted from that...
CreditEnable, CAIT Partnership Set to Help 70 Million SMEs
This Forbes' article written by John Welsh, includes: a profile on CreditEnable; highlights about the CEO and Founder Nadia Sood’s career and outlines CreditEnable's 'Changemakers Programme', an initiative they have just launched in conjunction with the Confederation of All India Traders (CAIT), the world’s largest SME association, representing 70...
The Benefits of Fintech Partnerships in Emerging Markets
According to an IFC report, there are a few key challenges that have long limited the digital transformation of financial services in emerging markets. These challenges include: low access to formal financial services; low income and financial-literacy levels; underdeveloped technology solutions; and weak infrastructures. Due to these challenges,...
Digital Credit Helping to Put Kids in Classrooms in Cote d'Ivoire
By leveraging partnerships with farmers’ cooperatives and telecom operator MTN, in a recent pilot Advans Cote d’Ivoire achieved 100 percent on-time repayment and notably increased school attendance among borrowers’ children. This innovative work with cocoa farmers earned Advans Cote d’Ivoire the 2018 European Microfinance Award for inclusive...
Effective Risk Assessment Models and Alternative Data Proves Beneficial for Retail Lenders
Effective risk assessment is instrumental in the lending business. According to Medici, technology companies are creating risk assessment models with increasingly inclusive variables that are allowing lenders to reach the previously unbankable population. Alternative data can improve risk assessment for retail lenders. According to the article,...
Banks Are Unable to Pay Mexican SMEs
Euromoney says SMEs account for nine out of every 10 businesses in Mexico, however only a third have access to finance. “Despite numerous financial institutions operating in the market, financial services penetration remains low,” said Norbert Schneider, principal investment officer for Mexico at the IFC. SMEs in the country are lacking credit...
 IFC and Other Key Stakeholders Advise Government in Philippines on New Law to Support MSMEs
The IFC in partnership with the Department of Finance, the Land Registration Authority, Bangko Sentral ng Pilipinas, the Securities and Exchange Commission, the Department of Trade and Industry, various MSMEs and banking associations to construct a new bill to support MSMEs in the Philippines. The Personal Property Security Act (Republic Act No...
Alternative Lenders Bridge Gaps, Cater to Untapped Markets & Offer Great CX
Alternative lending is looking more attractive to SMEs working to find affordable funding solutions for their business. According to Medici, alternative lending is focused on commerce and not credit. For example, “PayPal offers working capital loans to small businesses that transact more than $20,000 within 12 months.” According to a report by...