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United Commercial Bank Limited Joins 150 Other Financial Institutions to Promote SME Finance

Washington, D.C. December 11, 2018 – United Commercial Bank (UCB) Limited 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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JD Finance Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. December 3, 2018 – JD 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 financing...
Member News: EIB Loans Belarusian Belagroprombank €50 Million Loan for SME Development
SME Finance Forum member, European Investment Bank (EIB) loaned Belarusian Belagroprombank a €50 million loan to expand SMEs. Funds will be offered to SMEs that employ up to 250 people with the state share in their charter capital of at most 25 percent, according to the article. “We intend to offer loans to our clients for up to six years, with...
Member News: 4G Capital Partners with the Centre for Financial Inclusion’s Smart Campaign
SME Finance Forum member, 4G Capital joins the Centre for Financial Inclusion’s Smart Campaign to define global standards for client protection across the digital financial services industry. According to the article, the Smart Campaign, creates an environment in which financial services are delivered safely and responsibly to low-income customers...
Shanghai Zhaoxi Network Technology Co., Ltd.  Joins 140 Other Financial Institutions to Promote SME Finance
Washington, D.C. September 25, 2018 – Shanghai Zhaoxi Network Technology Co., Ltd. (Zhaoxi) 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...
Member News: Co-operative Bank of Kenya Launches Financial Solutions for MSMEs
A packaged financial solution, launched by Co-operative (Co-op) Bank of Kenya, will go towards supporting MSMEs. Co-op Bank of Kenya has worked with the International Finance Corporation (IFC) over the past year, to understand the inner-workings of the MSME business segment to improve MSMEs. Co-op Bank will offer training programs, forums and...
Member News: EIB and Banque Misr Provide EUR 250 Million to Finance SMEs in Egypt
SME Finance Forum member the European Investment Bank (EIB), has signed a financing agreement of EUR 250 million with Banque Misr to finance investments by small and medium-sized enterprises (SMEs) and midcaps in the manufacturing and services sectors to improve their competitiveness in Egypt. The financing agreement is expected to sustain...
ADB, Deutsche Bank Enter Supply Chain Finance Deal Supporting SMEs in Developing Asia
The Asian Development Bank (ADB) and Deutsche Bank AG today announced an agreement to enter into a supply chain finance (SCF) transaction under ADB’s Supply Chain Finance Program (SCFP). The SCF will provide over $200 million in annual financing to small and medium-sized enterprises (SMEs) across developing Asia. The program will support SME...
Funding comes to Chinese SMEs with Chained Finance
Like many of their counterparts in the world, China’s small medium enterprises (SMEs) are an economic force employing a sizeable percentage of the workforce and supplying much needed products and services to consumers and larger enterprises. But like many SMEs elsewhere these smaller businesses also struggle with staying afloat – balancing the...
News from our Members: CreditEase Launched YiQiFin, Providing Supply Chain Financial Service for SMEs
CreditEase officially announced the launch of YiQiFin, a cutting-edge fintech platform, at the 4 th China SME Investment & Financing Expo ( SME IFEX ) on July 20 in Beijing . CreditEase took part in the exposition as a strategic partner of China Association of Small and Medium Enterprises (CASME), a co-organizer of the event. As a pioneer in...
New facility will provide free information on access to global value chains for Latin American SMEs
The Multilateral Investment Fund (MIF), member of the Inter-American Development Bank (IDB) Group, has recently approved a technical cooperation grant of US$450,000 to establish the “Integrated Value Chain System (IVCS),” a platform that will seek to increase the exports of small and medium enterprises (SMEs) by providing information on the...