All News and Announcements
IFC, Omni Support Truck Drivers, Immigrants, Refugees, and Micro-entrepreneurs in Brazil
The investment will increase Omni's capacity to assist their existing as well as new clients, thus supporting the private sector's recovery in the wake of the pandemic.
Latin America and the Caribbean Leaders Look to Digital & Women for Sustainable Recovery
High-level representatives from Latin America and the Caribbean noted that digital means continued to offer alternative modes for countries to achieve their financial inclusion goals and reach worst-impacted groups.
IFC, Banco Daycoval Support Smaller Businesses, Including Those Owned by Women, in Brazil
The financing package consists of $130 million from IFC's own-account and a $270 million syndicated loan from a group of 10 banks.
Jamaica Plans to Launch Central Bank Digital Currency in 2022
The government views the accelerated transition to a digital society and economy as vital to economic recovery following the COVID-19 pandemic.
Mexicans in U.S. Sent Record Remittances Despite Covid-19 Pandemic
Unexpected surge in amounts forwarded home shows resilience in U.S. construction and agriculture.
IDB Group Analyzes Financial Inclusion in Times of COVID-19
On November 16, IDB Lab will bring together experts on the state of financial inclusion in a scenario strongly marked by the disruptions caused by the health emergency.
IFC Is Ready to Invest up to $2 Billion Pesos in ABL Trust Mexico to Promote SMEs Recovery
This investment is the first of five proposed commitments to ABL Trust Mexico that could reach a total of $2 billion pesos in the next three to five years.
IFC Supports Banco Agromercantil, BAM to Expand Financing for SMEs Affected by COVID-19, Helping Economic Recovery in Guatemala
More than 1000 micro, small, and medium enterprises (MSMEs) in Guatemala will have improved access to finance, as a result of a partnership between IFC and Banco Agromercantil.
IFC and Compass Group Announce Investment for up to $21 Million to Help Micro and Small Peruvian Enterprises
The International Finance Corporation (IFC) and Compass Group have announced an alliance to channel working capital to hundreds of Peruvian companies from multiple economic sectors which have been severely impacted by the economic crisis generated by the COVID–19 pandemic.
Pandemic’s Effect on Remittances to Latin America Varied
As the COVID-19 pandemic froze the United States economy, not all Latin American immigrants living there were affected equally.