Public Development Banks around the globe contribute to the socio-economic development of their countries and in building an inclusive, prosperous, resilient, and sustainable economy. This publication examines how 15 National Promotional Banks and Institutions (NPBIs), from different parts of the world, measure the impact their programs have on MSMEs and their national economies.
The paper was prepared thanks to the contribution from members of The Montreal Group: Banco Nacional de Desenvolvimento Econômico e Social (Brazil), Bpifrance (France), British Business Bank (United Kingdom), Business Development Bank of Canada (Canada), China Development Bank (China), Development Bank of Nigeria (Nigeria), Finnvera (Finland), Nacional Financiera (Mexico), Saudi Industrial Development Fund (Saudi Arabia), Small Industries Development Bank of India (India), Tamwilcom (Morocco), Wallonie Entreprendre (Belgium) as well as three external partners, Cassa Depositi e Prestiti (Italy), Instituto de Credito Oficial (Spain), and Japan Finance Corporation (Japan).
TMG Papers aim to enable international cooperation, mutual learning, and exchange of technical expertise so that NPBIs can further support MSMEs.
This Paper was co-authored by Mathieu Galliot, Economist at BDC, and Raphaël Cottin, Economist at Bpifrance.
To read the paper, click here.
To find out more, please refer to the complete working document on the different impact measurement methods: