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 invest, grow and create new jobs. We are proud to have City Bank join our network of 140 members who work to expand access to finance for small and medium businesses,” said Matthew Gamser, CEO of the Forum.
City Bank is one of the oldest private Commercial Banks operating in Bangladesh. In addition to its 120 branches, the bank also has a full-fledged Islamic Banking branch, one SME service center and 11 SME/Agri branches spread across the length & breadth of the country.
"Membership with the SME Finance Forum will give the City Bank access to data and publications that will inform us on how to expand finance to SMEs," said Abdur Rahman, Head of Branches. "We also look forward to taking advantage of networking events and study visits."
To see all SME Finance Forum members, please visit: https://www.smefinanceforum.org/members/member-list
About SME Finance Forum
The SME Finance Forum was established by the G20 Global Partnership for Financial Inclusion (GPFI) in 2012 as a knowledge center for data, research and best practice in promoting SME finance. As an implementing partner for the GPFI, the International Finance Corporation (IFC) was tasked with managing the initiative.
About City Bank
City Bank is one of the oldest private Commercial Banks operating in Bangladesh. The bank manages its business and operation vertically from the head office through five distinct Units: I.Business Unit, II.Branch Banking, III.Risk Unit, IV.Operations Unit, and V.Support.