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Infos Business of Monday, 16 June 2014

Source: camer.be

Bank signs multi-million dollar guarantee fund partnership

BGFIBank Group has just signed a partnership with a guarantee fund for $20 million over 5 years to ensure the financing of Small and Medium Enterprises.

The African Guarantee Fund also awarded a grant to fund the training of entrepreneurs, creating new products for SMEs / SMIs and investment in the development of information systems specific to their needs.

Through this partnership, BGFIBank Group believes SMEs / SMIs constitute as an important leverage in the development of mobilization to finance the operating cycle and entrepreneurial investment projects.

He wants to effectively support SMEs / SMIs customers in their development by improving their access to finance by implementing simple, flexible and competitive products across its network.

BGFIBank Group is aware the stakes in Africa's growth lies in supporting these sectors. It has developed a strong expertise to help SMEs / SMIs to develop, grow and boost the economic fabric of African countries.

BGFIBank Group is an international financial group multi-business that combines financial solidity, sustainable growth strategy and risk management, with the ambition to be the reference bank in its markets in terms of quality of service.

Faithful to its values of Labour, Integrity, Transparency, Responsibility and Spirit Team, the group puts the quality of service at the heart of its business.