Microfinance institutions and borrowers in East Africa during the COVID-19 Pandemic
The COVID-19 pandemic has so far spared Africa in terms of reported cases and casualties, yet the lockdowns in place have significantly hurt African economies.
Pregunta a los expertos: negocios en tiempos de crisis. El caso del Banco Nacional de Costa Rica.
El pasado 30 de abril, la Financial Alliance for Women, una red de organizaciones financieras dedicada a apoyarlas a desarrollar estrategias para aprovechar el poder de la economía femenina, llevó a cabo un seminario web, como parte de su serie semanal “Pregunta a un Experto: Negocios en Tiempo de Crisis” en el que participó, Banco Nacional de Costa Rica, primer miembro de la Alianza de la región l
Let fintech help SMEs access loans now, an interview with Nick Ogden
Last December, we invited Nick Ogden, founder of ClearBank and WorldPay, to our offices for a presentation about RTGS, and a new interbank network the company was developing, where the benefits of the real-time gross settlement are uniquely matched to real-time guaranteed liquidity. RTGS Limited was founded by Nick Ogden, the entrepreneur who, as the founder of WorldPay, invented e-commerce. More recently, Nick founded ClearBank, the first new clearing bank approved by the Bank of England in 250 years.
Blog - What should be the first immediate steps that banks should do to help SMEs?
Lessons from “SME Banking Coffee: Online Session Series on Partnerships #1 & the Impact of COVID-19 on SME Banking*.
Finance and Coronavirus in times of COVID-19 - The World Bank
In this unprecedented time of disruption to businesses, the World Bank launched, together with INSOL Intl, the Global Guide to Measures Adopted in Support of Distressed Businesses through the COVID-19 Crisis.
Read more in these Guidance Notes:
COVID-19 Outbreak: Capital Markets Implications and Response
Two members join forces: CRIF to Acquire Strands
CRIF signs agreement for the acquisition of 100% of Strands Inc. to create a worldwide digital solutions provider for Open Banking business. Already partners for financial management solutions, both companies have invested in advanced Open Banking and Digital Economy solutions.
Member News: CashDirector provides free solution to secure exchange of invoice and documents for SMEs
In the spirit of #stayathome for COVID-19 response, member CashDirector has developed a very simple and pragmatic solution for MSMs, based on their Platform.
DocTransfer is a platform for customers to enable a remote, secure exchange of invoices and documents with their accountant. Business owners do not need to endanger their own or the accountant's health in a physical meeting.
Lifeline amid Public Health Emergency
How China’s City Commercial Banks Finance SMEs during the Coronavirus Epidemic
A key pillar in China’s commercial banking system (1), city commercial banks (CCBs) have been a major force in supporting small and medium enterprises (SMEs). While CCBs accounted for only 13.1% of the entire banking system in terms of total assets, 18.7% of all SME loans are disbursed by CCBs. In 2018, the total outstanding loan balance from CCBs reached 6.3 trillion yuan ($910 million USD). SME loans made up 42.1% of all loans disbursed by CCBs in that year.
An effort to focus on the inventive uses of data
IFC MSME Finance Data Competition 2019 Recap