cat/structured-finance
Washington, D.C. June 26, 2019 – AlRaedah 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.
Having sufficient access to finance is an important determinant for the development of an enterprise. It is a well-known phenomenon that SMEs face different challenges when accessing finance than large scale enterprises (LSEs). LSE’s for instance, have direct access to capital markets whereas for SMEs this holds to a lesser extent or they have no access at all. Ultimately, the specific financing needs of SMEs warrant specific policy attention.
Washington, D.C. February 5, 2019 – Ukrgasbank 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 Ukrgasbank join our network of 150 members who work to expand access to finance for small and medium businesses,” said Matthew Gamser, CEO of the Forum.
Banks continue to boost financial inclusion in Kenya by providing retail finance to the MSME segment. The banks’ total SME lending portfolio in December 2013 was estimated to be 23.4% of their total lending portfolio but considering that the largest percentage of businesses in Kenya are in the MSME sector, financing to MSMEs should continue to grow. In this briefing note, MicroSave's Christine Gachui explores strategies to be employed by banks in Kenya to increase financing to the MSME segment in the face of competition from formal and informal financial services providers.
This survey was carried out on behalf of Hitachi Capital Invoice Finance (HCIF) and included individual responses from 502 companies in the U.K. Overall 67.13% of the companies surveyed have sought out external sources of financing in the past 12 months, although 35.06% of them will try to avoid borrowing money if at all possible.
One in five people in Nambia are employed in the SME sector and contribute over 12 percent to the gross domestic product. Bank Windhoek has experienced that in addition to financing, the major need of start-ups and small and medium businesses is mentoring. Mentorship guides SMEs on how to run a successful and sustainable business.
While research in SME financing has strongly increased over the recent years, studies focusing on the analysis of financing patterns of SMEs in Europe are still lacking. The research presented in this working paper provides an integrative perspective of such SME financing patterns by identifying and analysing in detail the use of various financing instruments by SMEs.
SME Finance Forum member CDC, the UK’s development finance institution, has today announced its investment in Frontiir, the leading internet service provider in Myanmar. The investment will help fund Frontiir’s ambitious expansion throughout Myanmar, connecting over 2 million people to the internet.
Capgemini and LinkedIn, in collaboration with Efma, developed the World FinTech Report 2018 based on a global survey encompassing responses from traditional financial services firms and FinTech firms including
IFC and Garanti Bank Romania launched a joint report highlighting the importance and impact of increasing access to finance for the country’s women entrepreneurs. “Taking Women Entrepreneurs to the Bank in Romania”, shows the impact of Garanti Bank Romania’s Women SME Banking Program.
