The SME Finance Forum (managed by IFC) & G-20 GPFI (Global Partnership for Financial Inclusion), announced on October 21, 2021, the annual award of 2021.
2021 award categories are; 1) Product Innovation of the Year 2) SME Financier of the Year (banks & non-banks) 3) Responsible Digital Innovator of the Year, and 4) Best Bank for Women Entrepreneurs.
CGC EGYPT applied for Category 2) SME Financier of the Year (banks & non-banks)
Judging committee of independent global industry experts, selected CGC Egypt - silver award - as the MENA Financier for 2021, based on; CGC Egypt active role as an MSMEs market enabler and its full commitment to increase access to finance for the MSMEs segment in Egypt, with remarkable growth in its business size reaching more than 400% since 2018. The judges accredited this success to CGC Egypt robust strategy; adopting best practices in management and operations, applying a good segmented risk management system, and reinforcing the importance of data-analysis as the base to all operational and strategic decisions.
