The Nepal Bankers’ Association (NBA) has officially joined the global SME Finance Forum, a major worldwide network supporting financial services for small and medium-sized enterprises (SMEs). Supported by the G-20 and IFC/World Bank, the forum is a premier global network with over 300 member and partner institutions across 190 countries.
This financial network brings together an array of different institutions such as financial and development institutions, non-bank financial institutions, fintech, payment platforms, development agencies, credit guarantee companies, insurance providers, banking, investment fund and SME associations, and educational institutions. The Forum supports SME growth by providing SME-centric financial services with global solutions for small business.
| If you are an early stage or established MSMEs, don’t forget to visit their website.
You can also join more than 11,000 SME Finance Experts on the SME Finance Forum LinkedIn Group. |
Their business products and solutions [members only] include innovation hubs, solution clinics, peer group network, study tours, specialised tools and trainings, member portal repository, partnered initiatives as well as public good services like 200+ publications library, 500+ videos, webinars, newsletters, trainings, annual awards, annual event and so on.
On the occasion, Qamar Saleem, who is the head of SME Finance Forum, expressed his joy for the NBA joining the forum. He mentioned that the NBA’s membership is in line with their strategy of helping emerging markets promote more SME financing for impact.
“We believe that joining the prestigious SME Finance Forum would significantly benefit the banking sector, especially as both the regulator and banks in Nepal are actively focused on enhancing financing for small and medium-sized enterprises (SMEs),” said Sunil KC, President of Nepal Bankers’ Association.
This new partnership with NBA is expected to help foster SME financing, improve banking with a commitment to advancing financial inclusion, and expand the financial access to vital services of SMEs in the country.
The Forum posits that stakeholders benefit from learning best practices from across the globe, innovating business products for their growth, acquiring risk mitigation tools, forming partnerships, attracting investors, and being recognised amongst a peer group of global innovators.
