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Member News: BNP Paribas Asset Management Launches SME Alternative Lending Platform

AltFi reports that SME Finance Forum member BNP Paribas Asset Management has completed its first UK loan on its new SME lending platform.

The loan, a six year senior unsecured amortising loan, was made to a specialist recruitment services company based in the West of England.

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Member News: BNP Paribas Asset Management Launches SME Alternative Lending Platform
AltFi reports that SME Finance Forum member BNP Paribas Asset Management has completed its first UK loan on its new SME lending platform. The loan, a six year senior unsecured amortising loan, was made to a specialist recruitment services company based in the West of England. BNPP AM says investing in its SME alternative financing offers its...
Khan Bank Joins 140 Other Financial Institutions to Promote SME Finance
Washington, D.C., June 13, 2018 – Khan Bank 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...
SME Practitioners Survey - Win a Free Ticket to Attend  the Next Global SME Finance Forum
During the Africa SME Finance Forum Conference held in Nairobi May 15-16, the IFC SME Banking Practice launched a short survey to hear from banks on how they navigate the world of SME Banking, what are some of the challenges that banks are facing and what will the future of SME Banking look like. Everyone who responds to the survey will receive a...
Member News: ICICI Bank On-Boards Over 250 Corporates on Its Blockchain Platform for Trade Finance
SME Finance Forum member ICICI Bank, India’s largest private sector bank by consolidated assets, announcee that it has successfully on-boarded over 250 corporates on its blockchain platform for domestic and international trade finance, the most by any bank in India. With this, leading Indian corporates, including ones from the ‘S&P BSE 100...
Member News: BRAC Bank Celebrates Anniversary of Women’s Banking Solutions ‘TARA’
SME Finance Forum BRAC Bank has celebrated the first anniversary of the launch of its comprehensive Women’s Banking solutions ‘TARA’. Selim RF Hussain, Managing Director and CEO, BRAC Bank, and senior officials were present at the programme to mark the occasion at the bank’s head office on May 8. BRAC Bank is the first bank to launch a women...
Member News: Ant Financial Partners with China Everbright Bank and Everbright Technology to Facilitate the Bank's Digital Transformation
On May 23, SME Finance Forum member Ant Financial Services Group signed a strategic cooperation agreement with China Everbright Bank Co., Ltd and Everbright Technology Co., Ltd., a fintech subsidiary of China Everbright Group, to facilitate China Everbright Bank's digital transformation. Under the agreement, Ant Financial will share its financial-...
Member News: Bancolombia Launches Resource Platform for Small Businesses
SME Finance Forum member and leading Colombian bank Bancolombia, has unveiled a new platform designed to offer better services to small and medium-sized enterprises (SMEs) in the country. Called Negocios Pyme (or, in English, SME Business), the client portal was rolled out on May 15 to offer an overview of the available services offered to SMEs by...
Member News: Fidor and IFC partner to Expand Digital Financial Inclusion in Developing Markets
Fidor, an innovative provider of digital banking services and member of the SME Finance Forum, today signed a Memorandum of Understanding (MOU) with IFC (International Finance Corporation), a member of the World Bank Group and mangaging organization of the Forum, to identify opportunities to expand digital banking services in Africa and Latin...
Member News: Afriland First Group Sign Line of Financing Agreement with ICD
The Islamic Corporation for the Development of the Private sector (ICD) and Afriland First Group - a SME Finance Forum member - Banque Islamique du Senegal, EBID, BSIC Mali and Coris Bank Mali signed a Line of financing agreements for a Euro 45 million, Euro 50 Million, Euro 25 Million, Euro 9 Million and Euro 6 Million respectively. The Euro 135...
Strands Finance's API Hub Offers Banks One Platform, Multiple Data Sources
Our member Strands' API Hub offers banks a single interface from which to connect to external services in an easy and secure way. Users can bring all their accounts together in one place, conveniently and securely. Product Overview: Allows users to see all their accounts in one place and banks to become a primary financial institution whilst...