Security Bank joins the SME Finance Forum as the newest partner of the global membership network whose members include finance experts from 80 countries looking to widen access for small businesses worldwide through knowledge exchange and innovation.
“Micro, Small and Medium Enterprises are a priority at Security Bank. The Business Banking Segment (BBS), established in 2022, provides a holistic value proposition for these businesses who help uplift the Philippine economy. By joining the SME Finance Forum, we hope to receive timely and relevant information on the SME lending industry and help us accelerate our business rollout in 2023,” says John David Yap, SVP and head of business banking segment at Security Bank.
The SME Finance forum is a group managed by the International Finance Corporation (IFC) of the World Bank Group. It was established in 2012 by the G20 Global Partnership for Financial Inclusion (GPFI) as a knowledge center for data, research and best practice in promoting SME finance.
“Since 2016, we’ve been implementing our mission to build a global membership to support better SME financing, and since then, we’ve established a network with over 240 active member institutions, which operate in over 190 countries sharing the common purpose of helping under-served enterprises. We are delighted to welcome Security Bank Corporation, the first private and Filipino-controlled bank of the post-World War II period, to further grow our mission.” said Matthew Gamser, CEO of the SME Finance Forum.
