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Library

Member News: Qatar Development Bank completes the 4th edition of Bank's Retirees Entrepreneurship Program "Khutwa"
In keeping up its momentum of providing immense opportunities to Qatari entrepreneurs, Qatar Development Bank (QDB), a SME Finance Forum member, successfully hosted the 4th edition of its Retirees Entrepreneurship Program ‘Khutwa’, which was organized in collaboration with the General Retirement and Social Insurance Authority. The event was held...
Member News: Ecobank Speaks on Their Female Entrepreneurs Initiative
SME Finance Forum member Ecobank recently shared information about their Female Entrepreneurs Initiative. Managing Director Ecobank Nigeria, Patrick Akinwuntan said, “Increasingly, we are seeing the change in the attitudes of women, and their economic viability as individuals and leaders in their fields. Their banking and financial services as a...
José González-Páramo, Executive Board Director for BBVA Says ‘New Competitors in the SME Finance Space Make Banks Better’ During the SME Finance Forum 2018
During the Global SME Finance Forum 2018, José González-Páramo, Executive Board Director for BBVA, shares why BBVA is focusing their activities around SMEs and the changes happening within supply and demand. Páramo shared, “Bank funding is the main source of external financing for SMEs. We focus on what makes it difficult for them [SMEs] to access...
Q-Lana Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. March 19, 2019 –  Q-Lana 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 to...
World FinTech Report 2018
Capgemini and LinkedIn, in collaboration with Efma, developed the World FinTech Report 2018 based on a global survey encompassing responses from traditional financial services firms and FinTech firms including banking and lending, payments and transfers, investment management, and insurance. Questions sought to yield perspectives from both FinTech...
India SME Forum Helps SMEs Grow Their Business
SME Finance Forum member Grab, secures $1.46 billion from SoftBank Vision Fund. As Southeast Asia’s “leading super app” the company will use the funds to advance in areas such as, financial services, food delivery, parcel delivery, content and digital payments, according to the release. “We have been blessed with overwhelming shareholder support...
A Global Review of Banks, Fintechs and SMEs
A new report by Fraedom reveals banks are working to address SMEs globally. According to the report, 61 percent of senior executives in the banks view SMEs as their current biggest growth opportunity, with a strong bias towards the medium enterprises (50-249 employees). Fintechs are also stepping up and becoming a catalyst for growth for SMEs,...
Banque Saudi Fransi Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. February 26, 2019 – Banque Saudi Fransi (BSF) 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...
Georgina Baker, Vice President of IFC Says Formalizing SMEs, Giving them Access to Finance Helps Economies Grow During the SME Finance Forum 2018
During the Global SME Finance Forum 2018, Georgina Baker, Vice President of IFC discussed the importance of formalizing SMEs and giving them access to finance to help the economy and formal sector grow. Baker explained, “If you [SMEs] are informal and don’t understand what banks require, you shy away and don’t get access to the money. It’s very...
Member News: BRAC Bank Wins Award
SME Finance Forum member BRAC Bank won the “Most Innovative SME Bank” award from International Finance Publications Ltd. BRAC Bank’s head of SME banking, Syed Abdul Momen, formally received the award from Sunil Bhat, director, International Finance, at the International Finance Awards 2018, held at Grand Hyatt Erawan Hotel in Bangkok, Thailand on...