Garanti Bank Romania : Striving to Lead--A Study on Women in Banking

International Finance Corporation

International Finance Corporation, Washington, DC

关键词: small and medium-sized enterprises;    SME;    microfinance;    empowering women;    banking on women;   

RP-ID  :  109545

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The overall objective of this study isto learn about the results of the International FinanceCorporation (IFC) “Banking on Women Program” (BoW) inEurope, Central Asia and the Middle East (EMENA).Established in 2010, IFC’s “Banking on Women Program” usesIFC’s investment capital to help financial institutionsaround the world with SME lending track records toprofitably expand their portfolios and provide womenentrepreneurs with access to finance. IFC also works withfinancial institutions to deepen their ability to reachwomen owned businesses through segmenting their targetmarket, positioning their brand and repositioningtheirproducts to reach women borrowers. As of 2016, IFC’s BoWProgram has a portfolio of over$1 billion, invested in 32banks around the world for on-lending to women, and isworking with 22banks globally to build up their capacity tobank women. IFC’s “Banking on Women Program” in EMENA waslaunched in 2011. Since then, IFC has provided over 130million dollars in finance to six banks foron-lending towomen entrepreneurs: Garanti BankRomania, Fibabanka A.Ş.Turkey, AlternatifbankAS in Turkey , Şekerbank T.A.Ş inTurkey, Bankof Georgia, Transcapitalbank in theRussianFederation. IFC has delivered advisory services toanadditional five banks to build up their capacityto servewomen customers (BLC Bank in Lebanon,Bank al Etihad inJordan, Bank Muscat in Oman,Habib Bank Ltd in Pakistan andBank of Palestine).The EMENA program is active in ninecountries. Garanti Bank Romania and BLC in Lebanon,both IFCclient banks, were selected for study as individual cases.Each study looks at the existing capacity and performance ofeach of these banks interms of its service to womenentrepreneurs in thelong-term in a commercially viable,self-sufficient manner that is based on the bank’s ownin-house resources and capacities. Where possible, eachstudyalso aims to understand if and how the women borrowersegment has affected each bank’s business (bottom line,sustainability and growth targets). A separate phase two ofthis study is being considered,wherein the impact of theprogram on the end beneficiaries, women-owned SMEs, will beassessed.This beneficiary survey will provide insights intohow effectively the bank’s women borrowers are reachedandserved. Ultimately, this study aims to generate learning forIFC and its client banks in order to strengthen the designand delivery of the banks’ BoW program, as well as IFCengagements in this area.