News

Basware Joins 140 Other Financial Institutions to Promote SME Finance

Washington, D.C., August 14, 2018 – Basware 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. 

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DBS Joins 140 Other Financial Institutions to Promote SME Finance
Washington, D.C., August 7, 2018 – DBS 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 invest...
Member News: CBA Mobile App Lending Rises to Sh3 Million
The Commercial Bank of Africa (CBA) now has the highest mobile phone loan, allowing their customers to borrow Sh3 million digitally. The Loop platform, received an upgrade and now allows customers to apply for loans. With default rates at less than ten percent, bank execs are more trusting to move in the direction of the mobile money movement.The...
Member News: BNP Paribas Asset Management to Launch UK SME Direct Lending Fund
SME Finance Forum member, BNP Paribas Asset Management (BNPP AM) (the investment side of BNP Paribas) will offer investors access to the lending market for UK SMEs. The funds will invest in senior loans, to SMEs that have an annual turnover of less than €50 million. Head of UK sales, Philip Dawes shared, “The launch of this fund is therefore...
Topicus Finance SME Finance Forum member
Washington, D.C., July 24, 2018 – Topicus Finance 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...
Member News: StanChart Eyes SMEs Loans with Asia Tour
SME customers of Standard Chartered Bank, a SME Finance Forum member, will explore Malaysia, Singapore and Thailand on a 10-tour. The tour sponsored by StanChart in partnership with Kenya Association of Manufacturers (KAM), Kenya Investment Authority (KenInvest) and Strathmore Business School will target SMEs with a minimum annual turnover of Sh10...
City Bank Joins 140 Other Financial Institutions to Promote SME Finance
Washington, D.C., June 26, 2018 – City 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...
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...