Washington D.C, March 9, 2023 – Standard Bank joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation.
“Since 2016, we’ve been implementing our mission to build a global membership to support better SME financing, and since then, we’ve established a network with over 240 active member institutions, which operate in over 190 countries sharing the common purpose of helping under-served enterprises. We are delighted to welcome Standard Bank, the largest bank in Africa, to further grow our mission.” said Matthew Gamser, CEO of the SME Finance Forum.
Standard Bank is Africa’s largest financial services provider and is committed to providing banking and financial services to meet the needs of individuals, businesses, institutions, and corporations in Africa and abroad. With over 160 years of history and over 15 million active clients, Standard Bank is driving Africa’s growth and building Africa’s future.
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. The Forum operates a global membership network of +240 members 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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About Standard Bank
Standard Bank is a major South African bank and financial services group and Africa’s biggest lender by assets. With over 160 years of experience in Africa and more than 15 million active clients, it provides banking and financial services to meet the needs of individuals, businesses, institutions, and corporations in Africa and abroad.