News

Scaling up cooperation among DFIs in response to COVID-19

A group of more than 25 development finance institutions (DFIs) including IFC - International Finance Corporation is scaling up cooperation in response to COVID-19. They have committed to provide and mobilize billions of dollars of funding to help the private sector deliver critical healthcare supplies, ensure micro, small, and medium businesses have access to capital, and strengthen global supply chains which sustain millions of workers in developing countries. 

Member News: #WeMoveForward, a free financial health check initiative, to reach 600,000 SMEs in India

Member CreditEnable launched the “We Move Forward” initiative designed to help SMEs keep their businesses safe during the COVID-19 crisis. Offering free financial health checks and access to working capital loans, CreditEnable plans to provide 600,000 SMEs with this free service over the next month.  

SimpleCredit Joins the SME Finance Forum-a global network of more than 180 Financial Institutions-to help SME Finance grow

Washington, D.C., March 27th, 2020SimpleCredit 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. 

COVID-19 Update

Dear Members and Friends,

We stand with our global community to support good public health practices and while we ourselves work remotely, per world bank group policy, we will continue to serve our membership through virtual means.

We are still proceeding with the preparation for our annual conference and immersion programs, as planned. We are cognizant that those plans may change, in which case we will inform you accordingly.

We will share with you regular updates and travel advisories as we move closer to the events.

FCMB Group Joins 180 Other Financial Institutions to Promote SME Finance

Washington, D.C., March 12th, 2020FCMB Group, First City Monument Bank 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.