July 2020 





The National
Press release on IFC Website 

New credit facility for SMEs in UAE aims to boost liquidity levels
Logistics Middle East [Subscription required]

The Central Bank of Jordan Approves SME Loan Applications
Website of the Embassy of Jordan in the U.S.




IFC has $8 billion to finance economic recovery
La Prensa Grafica [In Spanish]


FIG MEA: Advising Banks & Businesses Through Pandemic

FIG MEA's Advisory Services team sprang into action to help clients and their customers as soon as their region started feeling the pandemic's effects. Here's a quick synopsis:
  • Organized 59 webinars, reaching over 5,200 beneficiaries, from 340 financial institutions across 35 countries, covering topics such as human resources, stress-testing, portfolio management, supply chain finance, business plansand other topics.
  • Provided 18 webinars on stress-testing and portfolio management reaching more than 1,100 participants from over 250 financial institutions
  • Produced 37 Covid-19 response webinars directly for SMEs, in partnership with 11 banks, reaching more than 3,700 SME participants from seven different MEA countries
  • Delivered two Supply Chain Finance webinars for the FIs inMEA, reaching close to 100 participants from the regional banks.

Green Rebuild Series Addresses Entrepreneurship
Irma Acosta and Marcela Ponce discussed why climate finance is important for from a gender and entrepreneurship perspective. [In Spanish]

FIG Asia: Supporting Clients During the COVID-19 Crisis

FIG Asia has delivered 63 webinars on crucial topics including the following:
  • Digital Financial Services
  • Gender Finance
  • Housing Finance
  • Knowledge Management
  • Microfinance
  • Risk Management
  • SME Finance
  • Supply Chain Finance
The team has brought IFC's attention to every corner of Asia by...
  • Delivering 63 webinars to nearly 4,000 financial institutions in Asia, Africa, and Europe
  • Planning another 15 webinars to be delivered by September 2020 (74 since February 2020)
  • Drawing participants from senior management (CEO, CFO, CROs), business unit managers and women entrepreneurs and MSMEs working with large commercial banks, microfinance institutions, and others
  • Generating 36 business-development leads, six engagements and four proposals
Specific topics were covered in the following recent events:

Business workouts , Financial Infrastructure , Vietnam, Co-led with the Vietnam Banks' Association

Embracing Digital Financial Services for expanding SME Financing in COVID-19 Crisis
Bangladesh

Ongoing [Invitation only]
Special Financial Alliance for Women 'Ask the Expert' Series
Ongoing
Available Online Anytime
Seamless North Africa 2020
20-21 September 2020
GTR East Africa: Virtual 2020
1-2 October 2020
Global SME Finance Forum
Virtual
26-28 October 2020
25-26 November 2020
IFC SME Finance Team | 2121 Pennsylvania Avenue, NW
Washington, DC 20433