All News and Announcements
New Secured Transactions Registry to Help Expand Financing for Small Businesses in Sri Lanka
The newly established Secured Transactions Registry aims to facilitate the use of moveable assets as collateral for loans while ensuring financial stability and fostering economic growth in Sri Lanka.
USAID Signs Agreement to Support the Expansion of Union Bank’s Women-Focused Financial Services
This impactful collaboration will promote financial inclusion by addressing the specific needs of female customers in the banking sector through in-depth market research, a robust Customer Value Proposition, and strategic linkages with Sri Lankan women and women-owned Small and Medium Enterprises.
iiDENTIFii and Zanaco Partner to Accelerate Digital Financial Inclusion in Zambia
iiDENTIFii has formed a close partnership with Zanaco to champion an identity solution relevant to the needs of Zambian consumers and citizens.
Commercial Bank of Ceylon Launches a Digital Marketplace to Help Sri Lanka’s Small Businesses
The International Finance Corporation is supporting the Commercial Bank of Ceylon to launch a digital marketplace in Sri Lanka, which will help business owners connect with more customers locally and abroad.
Zambia Mulls Increasing Financial Inclusion for Rural Dwellers
The plan is to increase financial inclusion in rural areas from the current 50 percent to 75 percent.
Silatech Launches Project to Support 89,000 Youths in Cambodia, India and Sri Lanka
The three-year project aims to eliminate barriers in access to finance for young entrepreneurs, create income generation opportunities and promote financial inclusion and growth.
Sri Lanka’s Alliance Finance Gets $5M From EMF Microfinance Fund
The $5 million loan from EMF Microfinance Fund AGmvK will be used for on-lending to micro, small and medium enterprises.
Grameen Credit Agricole Foundation Lends $3.7M to Assilassimé Solidarite of Togo, Agora Microfinance Zambia
The foundation has announced its disbursal of local-currency loans to Togo-based Assilassimé Solidarite in an amount approximately equivalent to $2.5 million and Agora Microfinance Zambia in an amount approximately equivalent to $1.2 million.
Microfinance Sector Undergoes Reforms Despite Present Cash Crunch
The new reforms plan and package of proposals with special focus on poor rural women will be presented to the Parliamentary Select Committee on Gender Equality within a month.
Central Bank of Sri Lanka and IFC Launch the Country’s First National Financial Inclusion Strategy to Boost Financial Inclusion for All
The new strategy highlights Sri Lanka's gains in boosting access to financial services, and particularly, on areas of improvement to ensure usage and full financial inclusion in the country.