BRAC Bank signs MoU with Supermarket Owners Association
BRAC Bank Limited recently signed a memorandum of understanding (MoU) with Bangladesh Supermarket Owners Association. Under the agreement, BRAC Bank will extend SME (small and medium enterprise) loans to the suppliers of supermarkets countrywide through its Supplier and Distributor Finance Unit with its unique and customised product, Super Supply.
This is the first time in the country that a bank has devised a product to serve suppliers and support the backward linkage industries in the country. Farzana Chowdhury, ... more
Posted: February 2008 : read more...
Reliance Financial Services Wins Three GCCI Awards
Wednesday 30th January 2008
Reliance Financial Services has won three prestigious awards conferred by The Gambia Chamber of Commerce and Industry: Business Person of the Year (2007), Small and Medium Enterprises (SME) of the Year (2007), and Young Entrepreneur of the Year (2007). Reliance is the youngest institution ever to receive these accolades, having been in business only 13 months.
Founded by three young Gambian professionals, (Messrs. Baboucarr Khan, Ismaila Faal and Seedy N ... more
Posted: January 2008 : read more...
TRY Oysters Women Association Takes Giant Leap Forward
Tuesday 15th January 2008:
Reliance Financial Services on Monday entered into a groundbreaking deal with the Association of Women Oyster Sellers. 55 members of the association opened accounts with Reliance. Plans are underway for the Association to embark upon other ambitious programmes including organizing workshops on hygiene, sensitizing them on the importance of preserving the mangroves and on other relevant areas such as marking, etc.
Jomma Jarju-Sidibeh, the Head of the Micro Credit Unit at Relianc ... more
Posted: January 2008 : read more...
Planters Development Bank Recieves 2007 SSS Balikat ng Bayan Award
The Planters Development Bank was among the awardees of the 2007 SSS Balikat ng Bayan Award, given to outstanding partner banks and companies of the state-run pension fund. The Social Security System (SSS) recognized Plantersbank for significant contribution in volume and quality of loans to private enterprises under the financing programs of the state-managed pension fund.
This is the third consecutive year the SSS has honored Plantersbank, giving the Bank a total of four cov ... more
Posted: January 2008 : read more...
Former President Bill Clinton Lauds Shorebank
Appearing on the Charlie Rose show, Clinton praised ShoreBank for helping revitalize Chicago’s South Side. He also described how Shorebank was a model for a bank in rural Arkansas which he also wrote about in his new book, "GIVING: How Each of Us Can Change the World."
Posted: January 2008 : read more...
ShoreCap Exchange Board Member Blogs About Us
Tom Evslin, a member of the board of ShoreCap, has written about us on his blog.
"ShoreCap Exchange...is a nonprofit providing subsidized (but not free!) technical assistance to local microcredit banks around the world. It draws on both the expertise of the mother bank in Chicago and an international network of bankers."
Keep up the good work!
Posted: November 2007 : read more...
Exchange launches the ShoreBank Action Learning Network
Acting on needs expressed by partner banks, Exchange is proud to launch the ShoreBank Action Learning Network. The Network brings together companies receiving financial support from ShoreBank programs and other microfinance and small business banks to share tools and strategies that address their operational and growth needs in small business lending, human resources, and risk management.
The Network formalizes some of the ongoing peer relationships that have been created through the knowledge exchang ... more
Posted: November 2007 : read more...
